The Asian financial crisis : crisis, reform and recovery

Document Type

Book

Publication Date

10-1-2003

Publisher

Manchester University Press

Abstract

The Asian financial crisis of 1997-98 shook the foundations of the global economy. What began as a localized currency crisis soon engulfed the entire Asian region. What went wrong and how did the Asian economies, long considered "miracles," respond? How did the United States, Japan and other G-7 countries react to the crisis? What role did the IMF play? Why did China remain conspicuously insulated from the turmoil raging in its midst? What lessons can be learnt from the crisis by other emerging economies? This book provides answers to all the above questions and more. It gives a comprehensive account of how the international economic order operates, examines its strengths and weaknesses, and what needs to be done to fix it. The book will be vital to students of economics, international political economy, Asian and development studies.

ISBN

9780719066030

Language

English

Recommended Citation

Sharma, S. D. (2003). The Asian financial crisis: Crisis, reform and recovery. New York: Manchester University Press.

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