Interpreting the Asian Financial Crisis: Open Issues in Theory and Policy
This paper discusses the theoretical and policy debate on the crisis in Southeast Asia. After contrasting competing interpretations of the crisis, the paper presents stylized facts about fundamental imbalances in the economies of the region before the currency collapse. Then, it reviews current theo...
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Format: | Article |
Language: | English |
Published: |
World Scientific Publishing
1998-01-01
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Series: | Asian Development Review |
Online Access: | https://www.worldscientific.com/doi/10.1142/S0116110598000074 |