: Responding to Financial Crisis: Lessons from Asia Then, the United States and Europe Now by Adam S. Posen, NOOK Book (eBook) | Barnes & Noble
Responding to Financial Crisis: Lessons from Asia Then, the United States and Europe Now

Responding to Financial Crisis: Lessons from Asia Then, the United States and Europe Now

by Changyong Rhee, Adam S. Posen
     
 

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The Asian financial crisis of 1997–98 was devastating for the region, but policymakers at least believed that they gained a great deal of knowledge on how to prevent, mitigate, and resolve crises in the future. Fifteen years later, the Asian developing countries escaped the worst effects of the global crisis of 2008–10, in part because they had learned the

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