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From Currency to Economic Crisis
The Banking System and the Savings Rate
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ASEAN ASEAN countries Asia Asia's Asian financial crisis Asian values assets banking crisis banking system billion capital China commercial banks companies competitive components corporate governance cost currency crisis debt declined demand deposits depreciation devaluation dollar domestic market-oriented East Asian economies economic growth effect environment equity exchange rate export-oriented exports factors financial sector financial systems firms fiscal foreign banks foreign exchange funds global growth rate Hong Kong Hong Kong dollar impact important increase Indonesia infrastructure interest rates investors Japan Japanese corporations Japanese FDI Kong's labour large enterprises liberalisation linked exchange rate macroeconomic Malaysia Monetary networks Nomura Research Institute ownership percent in 1998 Philippine banks Philippines production profits ratio reform restructuring rupiah share shareholders Singapore Singapore dollar Singapore's SMEs SOEs Source South Korea strategy structure Table Taiwan Taiwan's SMEs Thailand trade U.S. dollar World Bank