The Asian Financial Crisis: Causes, Cures, and Systemic Implications PDF (Adobe DRM) download by C. Fred Bergsten

The Asian Financial Crisis: Causes, Cures, and Systemic Implications

Institute for International Economics
Publication date: June 1998
ISBN: 9780881323245
Digital Book format: PDF (Adobe DRM)

Buy PDF

List price:
$20.00
Our price:
$17.99

You save: $2.01 (10%)
The turmoil that rocked Asian foreign exchange and equity markets after the middle of 1997 and that spread far afield is the third major currency crisis of the 1990s. Thailand, Indonesia, and South Korea suffered outright recessions in 1998 and forecast growth rates in the rest of emerging Asia are either negative or well below their pre-crisis level. In an effort to contain the crisis, almost $120 billion has been pledged in IMF-led official rescue packages. How could this happen to a group of countries that has been so highly regarded in the 1990s by private international capital markets? How could the crisis be overcome and what changes are necessary to prevent it from happening again? Morris Goldstein provides the answers to these questions by first explaining how the Asian financial crisis arose and spread. He traces the crisis through its three interrelated origins: financial-sector weaknesses; external-sector problems; and the contagion that spread from Thailand to other countries. Goldstein then outlines what needs to be done in the ASEAN-4 economies, in Japan and China, and in the design of IMF-led official rescue packages to end the crisis. Goldstein's final remarks offer specific proposals for improving the international financial architecture.
Please sign in to review this product.
Format:
Devices:
The Asian Financial Crisis: Causes, Cures, and Systemic Implications PDF (Adobe DRM) can be read on any device that can open PDF (Adobe DRM) files.

File Size:
1400 Kb
Language:
ENG
Copy From Text:
Disabled.
Printing:
Enabled and unlimited.
Other books by C. Fred Bergsten
International Monetary Cooperation: Lessons from the Plaza Accord after Thirty Years ePub (Adobe DRM) download by C. Fred Bergsten
International Monetary Cooperation: Lessons from the Plaza Accord after Thirty Years
C. Fred Bergsten
Peterson Institute for Intl. Economics, April 2016
ISBN: 9780881327113
Format: ePub
List Price: $19.99 Our price: $17.99
Approaches to Greater Flexibility of Exchange Rates: The Burgenstock Papers PDF (Adobe DRM) download by C. Fred Bergsten
Approaches to Greater Flexibility of Exchange Rates
C. Fred Bergsten & George Nikolaus Halm
Princeton University Press, March 2015
ISBN: 9780691621128
Format: PDF
List Price: $65.00 Our price: $60.99
China: The Balance Sheet: What the World Needs to Know Now About the Emerging Superpower ePub (Adobe DRM) download by C. Fred Bergsten
China: The Balance Sheet: What the World Needs to Know Now About the Emerging Superpower
C. Fred Bergsten & Bates Gill & Nicholas R. Lardy
PublicAffairs, March 2007
ISBN: 9781586485351
Format: ePub
Our price: $9.99
The United States and the World Economy: Foreign Economic Policy for the Next Decade PDF (Adobe DRM) download by C. Fred Bergsten
The United States and the World Economy: Foreign Economic Policy for the Next Decade
C. Fred Bergsten
Peterson Institute for Intl. Economics, January 2005
ISBN: 9780881323801
Format: PDF
List Price: $9.99 Our price: $8.99