The East Asian Crisis in Kindleberger-Minsky’s Framework
ABSTRACT The paper reviews the 1997 East Asian crisis within the framework of the five stages of displacement, boom, overtrading, revulsion, and tranquility of the Kindleberger-Minsky model. It further notes that the recent interpretations of the crisis, based on the hypotheses of fundamental imbala...
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| Format: | Article |
| Language: | English |
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Editora 34
2021-07-01
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| Series: | Brazilian Journal of Political Economy |
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| Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572001000200277&tlng=en |