The East Asian Economic Crisis: A Discussion
Generally, the ASEAN and other East Asian countries are currently facing a severe economic crisis. It started with a currency crisis across the region triggered when the Thai baht had to be floated on 2 July 1997. It later developed into a stock market crisis and financial crisis, culminating in...
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| Format: | Thesis |
| Language: | English English |
| Published: |
1998
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| Online Access: | http://psasir.upm.edu.my/id/eprint/8116/1/GSM_1998_29_.pdf |
| _version_ | 1796967464174616576 |
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| author | Ibrahim, Shamsulkamal |
| author_facet | Ibrahim, Shamsulkamal |
| author_sort | Ibrahim, Shamsulkamal |
| collection | UPM |
| description | Generally, the ASEAN and other East Asian countries are currently facing a
severe economic crisis. It started with a currency crisis across the region
triggered when the Thai baht had to be floated on 2 July 1997. It later
developed into a stock market crisis and financial crisis, culminating in a full
blown economic crisis. The possible causes underlying the crisis revolve
around the attitude towards risks and debts, unhealthy practices, and rapid
movement of capital with the advent of globalisation. The effects of the crisis
generally touches the issues of economic growth, credit crunch, decreasing
wealth, unemployment, debt burden, political and social repercussions, and
ultimately, uncertainty about the future. The various governments, some with
the help of the International Monetary Fund, are taking several measures to
overcome the crisis, although some with questionable effectiveness.
Nevertheless, looking forward, measures must also be taken to try to prevent
and mitigate, even if only partially, such crisis in the future. |
| first_indexed | 2024-03-06T07:14:18Z |
| format | Thesis |
| id | upm.eprints-8116 |
| institution | Universiti Putra Malaysia |
| language | English English |
| last_indexed | 2024-03-06T07:14:18Z |
| publishDate | 1998 |
| record_format | dspace |
| spelling | upm.eprints-81162023-12-08T02:10:35Z http://psasir.upm.edu.my/id/eprint/8116/ The East Asian Economic Crisis: A Discussion Ibrahim, Shamsulkamal Generally, the ASEAN and other East Asian countries are currently facing a severe economic crisis. It started with a currency crisis across the region triggered when the Thai baht had to be floated on 2 July 1997. It later developed into a stock market crisis and financial crisis, culminating in a full blown economic crisis. The possible causes underlying the crisis revolve around the attitude towards risks and debts, unhealthy practices, and rapid movement of capital with the advent of globalisation. The effects of the crisis generally touches the issues of economic growth, credit crunch, decreasing wealth, unemployment, debt burden, political and social repercussions, and ultimately, uncertainty about the future. The various governments, some with the help of the International Monetary Fund, are taking several measures to overcome the crisis, although some with questionable effectiveness. Nevertheless, looking forward, measures must also be taken to try to prevent and mitigate, even if only partially, such crisis in the future. 1998-09 Thesis NonPeerReviewed text en http://psasir.upm.edu.my/id/eprint/8116/1/GSM_1998_29_.pdf Ibrahim, Shamsulkamal (1998) The East Asian Economic Crisis: A Discussion. Masters thesis, Universiti Putra Malaysia. Financial crises - East Asia - Case studies Financial crises - Southeast Asia East Asia - Economic conditions English |
| spellingShingle | Financial crises - East Asia - Case studies Financial crises - Southeast Asia East Asia - Economic conditions Ibrahim, Shamsulkamal The East Asian Economic Crisis: A Discussion |
| title | The East Asian Economic Crisis: A Discussion |
| title_full | The East Asian Economic Crisis: A Discussion |
| title_fullStr | The East Asian Economic Crisis: A Discussion |
| title_full_unstemmed | The East Asian Economic Crisis: A Discussion |
| title_short | The East Asian Economic Crisis: A Discussion |
| title_sort | east asian economic crisis a discussion |
| topic | Financial crises - East Asia - Case studies Financial crises - Southeast Asia East Asia - Economic conditions |
| url | http://psasir.upm.edu.my/id/eprint/8116/1/GSM_1998_29_.pdf |
| work_keys_str_mv | AT ibrahimshamsulkamal theeastasianeconomiccrisisadiscussion AT ibrahimshamsulkamal eastasianeconomiccrisisadiscussion |