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...

Full description

Bibliographic Details
Main Author: Giancarlo Corsetti
Format: Article
Language:English
Published: World Scientific Publishing 1998-01-01
Series:Asian Development Review
Online Access:https://www.worldscientific.com/doi/10.1142/S0116110598000074