The Asia crisis : causes, policy responses, and outcomes /

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Bibliographic Details
Author / Creator:Berg, Andrew.
Imprint:[Washington, D.C.] : International Monetary Fund, Asia and Pacific Department, ©1999.
Description:1 online resource (62 pages) : illustrations
Language:English
Series:IMF working paper, 2227-8885 ; WP/99/138
IMF working paper ; WP/99/138.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12497405
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Other authors / contributors:International Monetary Fund. Asia and Pacific Department.
ISBN:1451901100
9781451901108
1462326684
9781462326686
1451998511
9781451998511
9786613802323
6613802328
9781451855968
1451855966
Notes:Includes bibliographical references (pages 58-62).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
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Print version record.
Summary:Annotation This paper tells the story of the Asian financial crisis by addressing four questions: What were the causes of the crisis, how did the crisis unfold, what were the policy responses, and what have been the outcomes? the paper takes the view that none of these questions can be understood without appreciating the fundamental vulnerabilities that left authorities without effective tools to counter sudden capital outflows. the pattern of output decline suggests that these vulnerabilities, particularly weaknesses in domestic financial systems, played a larger role than tight monetary policy in determining outcomes.
Other form:Print version: Berg, Andrew. Asia crisis. [Washington, D.C.] : International Monetary Fund, Asia and Pacific Department, ©1999
Standard no.:10.5089/9781451901108.001