Asian economicsfinancial crisisThis paper attempts to confront various theoretical and empirical approaches to the East Asian currency crisis in 1997, but also with emphasis on two recently dominated literature about East Asian financial crisis. One, strongly supported by Corsetti, et. al (1998) ...
of 1128 Japanese subsidiaries in Thailand, Indonesia, Malaysia, and Korea, we found that, among different knowledge resources that the MNC accumulated in its internationalization process, subsidiary experiential knowledge was most significant in picking the winners from the losers during the crisis. Keire...
This paper steps back from the detail of the Asian crisis, to ask whether the 1997 crisis advanced our broad understanding of the age-old problem of economic crises. Some immediate lessons were learned from the failures of the crisis-response in Indonesia, which was the worst-affected economy....
First, the Asian financial crisis was regional, whereas the impact of the subprime mortgage crisis was global. Second, the cause of the global subprime crisis was the clustering of default on subprime mortgage contracts embedded in asset-backed security derivatives, whereas the Asian crisis was ...
China's recovery from the COVID-19 pandemic "will make a welcome contribution to global growth," said The Economist in early February, given the Chinese economy helped stabilize the world's economies during the Asian financial crisis in 1997 and the Global Financial Crisis in 2008. ...
Finanical Instability, Regulatory Reforms and Bank Governance - Lessons from the East-Asian Financial Crisis Purpose – The purpose of this research project is to explore the research question – how does the pursuit of agenda of regulatory reforms, post the crisi... Yanamandra,Srinivas - 《Unive...
Financial contagion is the spread of an economic crisis from one region to another and can occur at domestic or international levels. The term was first coined during the 1997 Asian financial markets crisis. The Great Depression, the financial crisis of 2007-2008, and the COVID-19 pandemic are...
The International Monetary Fund includes the Four Asian Tigers in its category of 35 most advanced economies. South Korea In the 1960s, South Korea's per capita gross domestic product was comparable to the poorest countries in Asia and Africa. But in the four decades since then, the country ...
In retrospect, the Asian financial crisis was the canary in the coal mine that global leaders failed to recognise. While both the Asian crisis and the current one were the product of excessive leverage, moral hazard and poor risk management, the lessons drawn from each appear to be rather dif...
The Limits of Financial Risk Management: Or What we Didn't Learn from the Asian Crisis In retrospect, the Asian financial crisis was the canary in the coal mine that global leaders failed to recognise. While both the Asian crisis and the curr... J Best - 《New Political Economy》 被引量...