East Asia in Crisis: From Being a Miracle to Needing One?

East Asia in Crisis: From Being a Miracle to Needing One?

by Ross Garnaut
     
 

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ISBN-10: 0415198313

ISBN-13: 9780415198318

Pub. Date: 10/20/1998

Publisher: Taylor & Francis

The current economic crisis in East Asia is unprecedented in world economic history. It seemed the economic strength of the region, until very recently, would just keep growing. Now, the macroeconomic achievements of Asia are under threat and the economies of North America and Europe are feeling the results.

This book brings together the thoughts of leading

Overview

The current economic crisis in East Asia is unprecedented in world economic history. It seemed the economic strength of the region, until very recently, would just keep growing. Now, the macroeconomic achievements of Asia are under threat and the economies of North America and Europe are feeling the results.

This book brings together the thoughts of leading experts on the Asian economy and provides a broad and thorough analysis of the situation. It provides case studies from fourteen countries in the region, how the crisis developed and affected them, and the response from governments. There are other non-country specific chapters with a strong theoretical content which address issues such as causation, how such a crisis should be handled, how it might be avoided in the future, and the likely implications for on-going deregulatory and other economic reforms.

This is an important authoritative account of one of the most extraordinary economic events and provides a broad synthesis of case studies and theoretical approaches from a variety of researchers with an intimate knowledge of the region.

Product Details

ISBN-13:
9780415198318
Publisher:
Taylor & Francis
Publication date:
10/20/1998
Pages:
410
Product dimensions:
6.14(w) x 9.21(h) x 0.94(d)
Lexile:
1480L (what's this?)
Age Range:
18 Years

Table of Contents

PART I Overview

1. The East Asian crisis

Ross Garnaut

PART II Case studies: the troubled economies

2. Indonesia

Ross H. McLeod

3. Thailand

Peter G. Warr

4. Korea

Heather Smith

5. Malaysia

Prema-chandra Athukorala

PART III Case studies: safe behind closed doors?

6. China

Ligang Song

7. Vietnam

Suiwah Leung and Le Dang Doanh

8. India

Sisira Jayasuriya

PART IV Case studies: other countries' experience

9. The Phillipines

Ponciano Intal Jr.,

Melanie Milo, Celia Reyes and Leilanie Basilio

10. Singapore and Hong Kong

Yuk-shing Cheng, Wongy Marn-heong and Christopher Findlay

11. Taiwan

Shirley W. Y. Kuo and Christina Y. Liu

12. Japan

Akiyoshi Horiuchi

13. Australia

David Gruen, Brian Gray and

Glenn Stevens

PART V Global perspectives

14. Internationally mobile capital and the global economy

Warwick J. McKibbin

15. The role of the International Monetary Fund

David C. L. Nellor

16. Will Mexico's recovery from crisis be a model for East Asia?

David D. Hale

PART VI Policy implications

17. The role of prudential regulation

George Fane

18. Exchange rate regimes for the future

Alan A. Walters

19. Long-term implications for developing countries

Hadi Soesastro

PART VII Reflections on

the crisis

20. The new era of financial fragility

Ross H. McLeod

21. Economic lessons

Ross Garnaut

number of overview chapters begin the process of drawing out general lessons (David Vines, University of Oxford)

Director, Institute of International Economics, Washington)

(Choice - 5/99)

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