Financial Crisis, Stock Market and Economic Growth: Evidence from ASEAN-5
This paper examines the effects of the Asian Financial Crisis (AFC) and Global Financial Crisis (GFC) on economic growth in the ASEAN-5 countries. Indonesia, Malaysia and Thailand were found to be most affected by the AFC but not the GFC. Additionally, for Malaysia and Thailand, real output responde...
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ISEAS - Yusof Ishak Institute
2019
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