From Boom to Crisis and Back Again: What Have We Learned?
Bosworth, Barry; Collins, Susan M. | February 2000
Abstract
It seems increasingly evident that the problems of the financial crisis in Asia were caused by a variety of different factors, the importance of which varied from country to country. However, according to the authors two points must be emphasized. First, the rapid movement toward capital account convertibility put severe strains on relatively unsophisticated financial systems that had previously focused on simple bank intermediation of funds between savers and investors. Second, governments were surprisingly unprepared to respond to pressures on their currencies.
Citation
Bosworth, Barry; Collins, Susan M.. 2000. From Boom to Crisis and Back Again: What Have We Learned?. © Asian Development Bank Institute. http://hdl.handle.net/11540/4114. License: CC BY 3.0 IGO.Keywords
Economic Crisis
Economic Efficiency
Economic Policies
Regional Economic Development
Job Evaluation
Evaluation
Price stabilization
Food prices
Price policy
Crisis
Unemployment
Economic cooperation
Gross domestic product
Employment
Economic forecast
Open price system
Price fixing
Price regulation
Consumer price indexes
Financial crisis
Labor economics
Regional economics
Turnover
Economic survey
Job analysis
Labor turnover
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Citable URI
http://hdl.handle.net/11540/4114Metadata
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