Impacts of the Asian Crisis on Developing Economies - the Need for Institutional Innovations |
Common terms and phrases
Africa Asian countries Asian Crisis Asian Development Bank Axel bank lending bankers banking crises biases capital account liberalisation capital flows capital markets cent companies context corporate sectors crisis countries crisis management crony capitalism debt declining developing and transition developing countries Developing Economies dynamic Edward Elgar ephors equity capital equity finance especially exchange rate regime FDI flows financial innovations financial institutions financial intermediation financial markets financial sector foreign investment regimes framework conditions globalisation growth Heertje impacts important incentives industrial entrepreneurs institutional innovations interdependencies International Financial Architecture international financial system International Monetary Fund investment efficiency investors Karl Krugman locational innovations macroeconomic market-based finance moral hazard National Financial Systems National Innovation Systems neo-Schumpeterians NISS and NFSs Number OECD over-investment production system reform regard resilient restructuring process role Schumpeter short-term structural technological innovations trade transition countries transition economies trilemma UNCTAD unequal development venture capital vergriffen Washington D.C. Wohlmuth 2000a World Bank