Is Volatility Built into Today's World Economy?
Dowling, J. Malcolm; Verbiest, J.P. | February 2002
Abstract
In the past four years, we have had two important examples of cycles of economic activity that took place when economies overheat: the 1997/1998 financial and economic crisis in Asia, and the technological bubble in the United States (US) in the late 1990s. What do these incidents have in common? How did they happen and is there anything we can do to avoid them in the future?
Citation
Dowling, J. Malcolm; Verbiest, J.P.. 2002. Is Volatility Built into Today's World Economy?. © Asian Development Bank. http://hdl.handle.net/11540/2161. License: CC BY 3.0 IGO.Keywords
Industry
Development Economics
Economic Models
Organization for Economic Cooperation and Development
Securities
Mines
Competition
Industrial competition
Unfair competition
Monopolies
Competition policy
Development cooperation
Economic discrimination
Industrial Development
Financial Services Industry
Industrial Sector
Competition
Comparative economics
Communication in economic development
Industrialization
Monopoly
Barriers to entry
Monopolistic competition
Restraint of trade
Price discrimination
Imperfect competition
Press monopoly
Diversification in industry
Unfair competition
Investment banking
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