Includes bibliographical references (pages 73-77).
"The turmoil that has rocked Asian markets since the middle of 1997, and that is now having such deep effects on the economies in the region, is the third major currency crisis of the 1990s. This study explains how the Asian crisis arose and spread. It then outlines the corrective policy measures that could help end the crisis, and the shortcomings that have been revealed in the international financial system that require reform to reduce the chances of a recurrence." "In analyzing the origins of the crisis, the author emphasizes three interrelated sets of factors: financial sector weaknesses in Asian emerging economies along with easy global liquidity conditions; mounting concerns about external sector problems in these countries; and contagion of financial pressures from Thailand (both around and beyond the region)." "The discussion of policy initiatives to help end the crisis focuses, inter alia, on: restructuring and reform of financial sectors and prudential oversight in Asia itself; on fiscal policies and measures to deal with the bad loan problem in Japan; on exchange rate policy; and on the design and effectiveness of IMF-led official rescue packages. Book jacket."--Jacket.
Asian financial crisis.
International Monetary Fund.
International Monetary Fund.
Fonds monétaire international.
International Monetary Fund.
International Monetary Fund.
Financial crises-- Asia.
Foreign exchange-- Government policy-- Asia.
Foreign exchange-- Government policy-- Southeast Asia.
Stock exchanges-- Asia.
Stock exchanges-- Southeast Asia.
Bourse-- Asie du Sud-Est.
Bourse-- Asie.
Change-- Politique publique-- Asie du Sud-Est.
Change-- Politique publique-- Asie.
Crises boursières.
Echanges extérieurs-- politique gouvernementale-- Asie du Sud-Est.
Echanges extérieurs-- politique gouvernementale-- Asie.
Effectenhandel.
Financial crises-- Asia.
Financial crises.
Financiële crises.
Foreign exchange-- Government policy-- Asia.
Foreign exchange-- Government policy-- Southeast Asia.