Download or read book The Credit Crunch in East Asia written by Pierre-Richard Agénor and published by World Bank Publications. This book was released on 2000 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: A two-step approach is used to assess the extent to which the credit crunch in East Asia was supply- or demand-driven. The results for Thailand suggest that the contraction in bank lending that accompanied the crisis was the result of supply factors.
Download or read book Is There a Credit Crunch in East Asia written by Wei Ding and published by . This book was released on 1998 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book East Asia written by and published by World Bank Publications. This book was released on 1998-01-01 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: East Asia: The Road to Recovery carefully analyzes the events that led to the current economic crisis in East Asia, the tremendous effects the crisis has had on the Asian economies, and prospects for the region's future. Chapters in the book cover the region's trade and competitiveness; the financial sector at the center of the crisis; the corporate sector's financial performance and governance; the social crisis resulting from the financial crash; protection of the environment as well as the people; and policies for sustainable recovery. This book not only discusses how this catastrophe could ever have taken place, but more importantly, what can be done to ensure that it won't happen again.
Download or read book Managing Economic Crisis in East Asia written by Saw Swee-Hock and published by Institute of Southeast Asian Studies. This book was released on 2010 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book incorporates a selection of eight revised papers presented to the Conference on Managing Economic Crisis in East Asia, organized jointly by the Saw Centre for Financial Studies, NUS Business School, and the East Asian Institute, National University of Singapore, in November 2009. The chapters present a detailed analysis of the impact of the 2008-09 economic crisis in China, Hong Kong, Taiwan, Korea and Japan, and the stimulus packages that were swiftly put in place by the governments to mitigate the economic recession and to pave the way for a quick recovery. The success of the monetary and fiscal policy measures in engendering a strong economic recovery in these countries is also discussed in considerable depth. The book, with contributions from experts on the topics covered, will be extremely valuable to businessmen, analysts, academics, students, policy-makers and the general public interested in seeking a greater understanding of the global economic crisis.
Download or read book East Asia in Crisis written by Stephen Blank and published by DIANE Publishing. This book was released on 1999 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: The financial crisis that began in Thailand in mid-1997 has now become a global one. It has consumed governments upset defense planning and the regional standing of major powers in Asia, and is forcing us to rethink Asia's entire past and future political trajectory. The security implications go beyond merely the crash of unsound financial systems. Governments have fallen across Asia and in Russia. Civil violence is currently taking place in Indonesia, a key Asian state. Defense research, development and procurement have been postponed in most Asian countries. The crisis and its reverberations have shaken financial markets and governments as far away as Brazil. In order to assess the dangers posed by this crisis to Asian and U.S. security interests, the Strategic Studies Institute (SSI) cosponsored a conference with the National Bureau of Asian Research and the Reserve Officers Association in Seattle, Washington on June 9-10, 1998. This conference represented a unique opportunity to conduct such an assessment since it brought together participants from government the military, academia, international financial institutions, and Asia.
Download or read book Financial Crisis and Institutional Change in East Asia written by Jikon Lai and published by Springer. This book was released on 2012-06-19 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: In light of the Asian financial crisis of 1997, Lai examines whether East Asian economies converged onto the liberal market model by studying the evolution of the financial sectors of Korea, Malaysia and Thailand. This includes sectoral diversification, the nature of competition, and the regulatory and supervisory frameworks.
Download or read book Monetary and Financial Cooperation in East Asia written by Masahiro Kawai and published by Oxford University Press (UK). This book was released on 2015 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume evaluates the prospects for monetary and financial cooperation in East Asia after the crises in the developed countries (2008 in the US, 2010 in Europe).
Download or read book Asia Pacific Financial Deregulation written by Gordon De Brouwer and published by Routledge. This book was released on 2002-03-11 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent events in East Asia have highlighted the risks of volatility and contagion in a financially integrated world. Countries in the region had been at the forefront of the movement towards increased integration but the crisis that struck Thailand in July 1997, and the rapidity with which it spread to other East Asian nations, suggested that all was not well. Weaknesses in domestic financial intermediation, poor corporate governance and deficient government responses to large capital inflows all played a role in the build-up of vulnerability. Asia-Pacific Financial Deregulation provides an insight into financial liberalisation and structural reform in the region generally and as illustrated by a number of countries.
Download or read book Globalisation and SMEs in East Asia written by Charles Harvie and published by Edward Elgar Publishing. This book was released on 2002-01-01 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: '. . . I consider the book a good general reference on SME conditions in the Asia-Pacific region. . .' - Aegean Leung, ASEAN Economic Bulletin The 1997 financial and economic crisis in East Asia provided the catalyst for an important reappraisal of the Small and Medium sized Enterprise (SME) sector across the region. In this timely book, a distinguished group of contributors discusses the role of SMEs in the globalisation of the East Asian economies, and assess how the financial crisis has impacted on them. They focus on a number of key aspects of SMEs in the region, including: * financing issues * the role of entrepreneurship * the diffusion of technology in the region * Chinese small businesses * SME requirements for information technology * the opportunities afforded by electronic commerce * regional labour markets and their impact on SMEs.
Download or read book Financial Crisis and Credit Crunch as a Result of Inefficient Financial Intermediation with Reference to the Asian Financial Crisis written by Zhaohui Chen and published by International Monetary Fund. This book was released on 1998-09-01 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper develops a model of private debt financing under inefficient financial intermediation. It suggests a mechanism that can generate the following sequence of events observed in the recent Asian crisis: A period of relatively low capital flow despite a steady improvement in economic fundamentals (capital inflow inertia), followed by a fast buildup of capital inflow, and ended with a large capital outflow and domestic credit crunch. Unlike other models requiring large movements in fundamentals or asset prices to explain a financial crisis, this model can exhibit large credit/capital flow swings with moderate changes in the economic and market environment.
Download or read book Globalization and the Asia Pacific Economy written by Kyung Tae Lee and published by Taylor & Francis. This book was released on 2003-09-02 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book looks at globalisation in historical perspective and *examines the experience of East Asian economies during the financial crisis *provides an account of globalisation through the activities of Japanese multinational enterprises *deals with the social consequences of exposure to the financial market risks of globalisation in East Asia *details the experience of East Asian economies in managing the financial crisis *draws lessons from East Asian experience with financial market liberalisation *asks what approaches to international financial cooperation, trade policy and corporate governance can assist East Asian interests in the world economy.
Download or read book Lessons from the Asian Financial Crisis written by Richard Carney and published by Routledge. This book was released on 2009-01-13 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nearly ten years after the Asian Financial Crisis, financial turmoil has reappeared – this time it is ravaging the world's wealthiest countries and dragging the global economy along for the ride. It forces one to reflect on the last major financial crisis to afflict the global economy, and to consider whether there are any similarities, and whether there are any lessons from that crisis that we can apply to the current one. Written by a distinguished group of individuals from government, the private sector, international organizations, and academia, this book provides an overview of developments in the main affected countries during the Asian Financial Crisis, as well as the lessons learned and corrective measures taken at the country, regional, and international levels. Importantly, attention is also paid to the areas where substantial improvements are needed. The current crisis heightens the relevance of these lessons. Lessons from the Asian Financial Crisis will be invaluable to those studying international relations, international finance, international economics and East Asian studies.
Download or read book East Asia s Financial Systems written by Seiichi Masuyama and published by Institute of Southeast Asian Studies. This book was released on 1999 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial systems in the East Asian region are commanding worldwide attention. Japan's financial sector, with an ailing banking system in the aftermath of a bubble economy, is undergoing a "Big Bang" deregulation, liberalization, and securitization. At the same time, the rehabilitation of Southeast Asian and Korean economies in the wake of the Asian financial crisis awaits restoration of their banking sectors. The region's bank-dominated and development finance-oriented financial systems are coming into friction with global capital markets that lack adequate architecture. In this volume, researchers from ten East Asian think- tanks analyse the financial systems in their respective economies. They survey the financial sector deregulation and liberalization that took place in the midst of economic booms and they evaluate the role of the financial systems in the region's current economic misfortunes. Together, the pieces in this volume lay the groundwork for understanding how financial systems in East Asia have evolved as the economies have grown more complex and capital markets have globalized, and how these systems must adapt to move beyond today's crisis to serve the region's economies in the future.
Download or read book The Global Financial Crisis and Asia written by Masahiro Kawai and published by Oxford University Press. This book was released on 2012-10-25 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book demonstrates how Asian countries tried to minimize the impact of the global financial crisis, identifies structural weaknesses in their economies, and discusses policy options for strengthening Asian economies to avoid future crises and promote sustainable growth in the long-term.
Download or read book Institutional Change in Southeast Asia written by Fredrik Sjöholm and published by Routledge. This book was released on 2004-11-05 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Includes a comprehensive analysis of different countries in the region Contributors include experts from the region and Europe The Asian economic crisis and its aftermath is a huge area of study, so this book will appeal to a broad market
Download or read book East Asian Economies and New Regionalism written by Abe Shigeyuki and published by Trans Pacific Press. This book was released on 2008 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the face of the financial crisis of East Asia in 1997, Japan successfully pressed forth the Miyazawa Plan and other efficient rescue packages while the International Monetary Fund (IMF) and the World Bank failed to present effective programs. With its presence established, Japan kept playing a leading role in formulating the Chiang Mai Initiative which facilitated bilateral and regional economic cooperation in the area. Based on the analysis of the process, this book examines the ways in which East Asia has grappled with the regional integration of the economies of the area. The study focuses upon competing developmental models, the effects of the Free Trade Agreement and the Economic Partnership Agreement, the initiatives of the Association of Southeast Asian Nations, investments, and trades in the region. The contributors to the book then inquire what can be done in financial and monetary domains, with special attention paid to the effects of the depreciation of currencies and the consequences of the IMF emergency policies. The study also addresses the issues of productivity, problems of agrarian small states, and difficulties of the socially weak in the region.
Download or read book Managing the Real and Fiscal Effects of Banking Crises written by Daniela Klingebiel and published by World Bank Publications. This book was released on 2002 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume provides two recent analyses of government responses to financial crises; they have been developed in the light of the recent East Asian crisis, but also draw on experiences from other regions. Issues discussed relate to: the tradeoffs involved in public policies for systemic financial and corporate sector restructuring; and the use of cross-country evidence to determine whether specific crisis containment and resolution policies effect the fiscal costs of resolving a crisis. The book also presents information on 113 systemic banking crises that have occurred in 93 countries since the 1970s, as well as 50 borderline or non-systemic banking crises in 44 countries during the same period.
