East Asian economic conditions: hearing before the Committee on Banking and Financial Services, U.S. House of Representatives, One Hundred Fifth Congress, first session, November 13, 1997, Part 2
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Bergsten Dr C Fred Director Institute for International Economics
Zoellick Robe D Prof IN lSecu UtedS
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American APEC Asian countries BACHUS bailout beneﬁt billion capital central bank chaebols Chairman LEACH changes China committee competition concem conﬁdence Congress corruption crises crony capitalism currency board deal debt deﬁcit devaluation developing dollar domestic East Asia effects exchange rate Exchange Stabilization Fund expenditure exports ﬁnance ﬁnancial crisis ﬁnancial system ﬁnd ﬁrms ﬁrst ﬁscal ﬂows foreign global going govemment GREENSPAN Hanbo Hong Kong IMF funding IMF program impact important increase Indonesia industry inﬂation intemational interest rates International Monetary Fund investment investors issue Japan Kim Dae Jung labor labor rights LaFalce loans nomic percent political problems production proﬁt question reforms region response risk Secretary Cohen Secretary RUBIN sector semiconductor signiﬁcant South Korea speciﬁc stability statement steel Suharto talking taxpayers Thailand Thank things tion trade U.S. dollar United workers