Growth after the Asian crisis: what remains of the East Asian model?
Jomo Kwame Sundaram, United Nations Conference on Trade and Development, Harvard University. Center for International Development, Group of Twenty-four
United Nations, 2001 - Business & Economics - 62 pages
Focuses on the East Asian economies most adversely affected by the financial crisis of 1997/98: Indonesia, Malaysia, Thailand and the Republic of Korea.
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The East Asian debacle
Reforms and recovery
Reforming East Asia for sustainable development
2 other sections not shown
adverse Asia Asia's Asian crisis asset price Bank Negara Malaysia borrowings capabilities capital account capital flight cent competitive conditionalities consequences corporate reform crony capitalism current account deficits despite developing countries domestic East Asian crises East Asian economies East Asian model especially exacerbated exchange rate export export-oriented financial crises financial liberalization financial system flows foreign exchange foreign investment funds global governments greater growth Hence herd behaviour Hong Kong China important Indonesia industrial policy interest rates international financial interventions investment policy investors Japan Japanese JOMO KS Korea and Taiwan Korea and Thailand Krugman lending macroeconomic Malaysia and Thailand manufacturing ments monetary nomic North East portfolio production Province of China recent recovery regime region Republic of Korea reserves resource role sector short-term debt Singapore South South-East Asian South-East Asian economies South-East HPAEs stock market sustained Taiwan Province Thai baht tion trade UNCTAD vulnerability World Bank