Hidden Bibliographic Details
Other authors / contributors: | International Monetary Fund. Asia and Pacific Department.
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ISBN: | 1451901100 9781451901108 1462326684 9781462326686 1451998511 9781451998511 9786613802323 6613802328 9781451855968 1451855966
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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. digitized 2010 HathiTrust Digital Library committed to preserve Print version record.
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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.
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Other form: | Print version: Berg, Andrew. Asia crisis. [Washington, D.C.] : International Monetary Fund, Asia and Pacific Department, ©1999
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Standard no.: | 10.5089/9781451901108.001
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