The Asian financial crisis New International Financial Architecture: Crisis, reform and recovery

The Asian financial crisis of 1997-98 shook the foundations of the global economy. What began as a localised 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 cou...

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Huvudupphov: Sharma, Shalendra D
Materialtyp: Online
Språk:engelska
Utgiven: Manchester University Press 2021
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author Sharma, Shalendra D
author_browse Sharma, Shalendra D
author_facet Sharma, Shalendra D
author_sort Sharma, Shalendra D
collection Directory of Open Access Books
description The Asian financial crisis of 1997-98 shook the foundations of the global economy. What began as a localised 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, which suffers from many of the same structural problems responsible for the crisis, remain conspicuously insulated from the turmoil raging in its midst? What explains Asia's remarkable recovery just three years after the crisis? In what fundamental ways did the Asian crisis serve as a catalyst to the current thinking about the 'new international financial architecture'? 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.
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spelling doab-20.500.12854ir-268892025-07-30T08:59:28Z The Asian financial crisis New International Financial Architecture: Crisis, reform and recovery Sharma, Shalendra D g7 finance g8 financial asian Chaebol Currency Exchange rate International Monetary Fund Thailand thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCL International economics thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCL International economics The Asian financial crisis of 1997-98 shook the foundations of the global economy. What began as a localised 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, which suffers from many of the same structural problems responsible for the crisis, remain conspicuously insulated from the turmoil raging in its midst? What explains Asia's remarkable recovery just three years after the crisis? In what fundamental ways did the Asian crisis serve as a catalyst to the current thinking about the 'new international financial architecture'? 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. 2021-02-10T12:58:18Z 2010-12-31 23:55:55 2018-10-03 15:54:26 2020-04-01T15:31:36Z 2003 book 341377 OCN: 697480162 http://library.oapen.org/handle/20.500.12657/35017 9781526137685 https://directory.doabooks.org/handle/20.500.12854/26889 eng open access image/jpeg image/jpeg image/jpeg image/jpeg n/a n/a n/a n/a https://library.oapen.org/bitstream/20.500.12657/35017/1/341377.pdf https://library.oapen.org/bitstream/20.500.12657/35017/1/341377.pdf https://library.oapen.org/bitstream/20.500.12657/35017/1/341377.pdf https://library.oapen.org/bitstream/20.500.12657/35017/1/341377.pdf Manchester University Press 10.7765/9781526137685 10.7765/9781526137685 bcb4ab08-c525-4e6c-88e5-a0cf0a175533 9781526137685 open access
spellingShingle g7
finance
g8
financial
asian
Chaebol
Currency
Exchange rate
International Monetary Fund
Thailand
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCL International economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCL International economics
Sharma, Shalendra D
The Asian financial crisis New International Financial Architecture: Crisis, reform and recovery
title The Asian financial crisis New International Financial Architecture: Crisis, reform and recovery
title_full The Asian financial crisis New International Financial Architecture: Crisis, reform and recovery
title_fullStr The Asian financial crisis New International Financial Architecture: Crisis, reform and recovery
title_full_unstemmed The Asian financial crisis New International Financial Architecture: Crisis, reform and recovery
title_short The Asian financial crisis New International Financial Architecture: Crisis, reform and recovery
title_sort asian financial crisis new international financial architecture crisis reform and recovery
topic g7
finance
g8
financial
asian
Chaebol
Currency
Exchange rate
International Monetary Fund
Thailand
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCL International economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCL International economics
topic_facet g7
finance
g8
financial
asian
Chaebol
Currency
Exchange rate
International Monetary Fund
Thailand
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCL International economics
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCL International economics
url 341377
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