From crisis to recovery : East Asia rising again? / editors, Tzong-shian Yu, Dianqing Xu.

Format:

Book

Contributor:

Yu, Zongxian, 1930-

Xu, Dianqing.

Language:

English

Subjects (All):

Finance--East Asia.

Finance.

Financial institutions--East Asia.

Financial institutions.

East Asia--Economic policy.

East Asia.

Physical Description:

1 online resource (526 p.)

Edition:

1st ed.

Place of Publication:

Singapore ; River Edge, N.J. : World Scientific, 2001.

Language Note:

English

Summary:

It is interesting to note that after two years of recession in East Asia, almost all the countries in this region are rising again. In the wake of that sudden onslaught on the economies of East Asia, many new questions have come to the fore (and are waiting for the right answers), such as: How could the Asian countries have become so weak as to totally succumb to the financial crisis? What were the real causes of the crisis? What policy measures have the affected countries taken to combat the crisis and how effective have they been? As for the argument of "hands-off policy" versus "government

Contents:

CONTENTS ; Preface ; Chapter 1. An Overview of the Financial Crisis in East Asia ; 1. INTRODUCTION ; 2. THE IMPORTANCE OF THE ISSUE: THE FINANCIAL CRISIS IN EAST ASIA ; 3. VARIOUS EXPLANATIONS OF THE CAUSES OF THE FINANCIAL CRISIS ; 4. THE IMPACTS OF THE FINANCIAL CRISIS IN EAST ASIA

5. EXTERNAL DEBT AND FINANCIAL CRISIS 6. CORRUPTION AND NEPOTISM BETWEEN OFFICIALS AND ENTERPRISES ; 7. A MODEL USED TO EXPLAIN THE FINANCIAL CRISIS ; 8. THE ROLE OF THE GOVERNMENT ; 9. THE FUNCTION OF THE IMF ; 10. EAST ASIA'S RECOVERY ; 11. THE PURPOSE OF THIS VOLUME ; References

Chapter 2. Japan Japan's Bubble Economy and Asia 1. INTRODUCTION ; 2. THE BACKGROUND AND CAUSES OF JAPAN'S BUBBLE ECONOMY ; 3. UNFOLDING OF THE CRISIS ; 4. THE GOVERNMENT POLICIES AND ITS IMPACTS

5. JAPAN'S ROLE IN ASIA'S FINANCIAL CRISIS - EFFECTS OF THE NEW MIYAZAWA PLAN ON THE ECONOMIC RECOVERY References ; Chapter 3. China Financial Crisis and Chinese Economy ; 1. INTRODUCTION ; 2. THE BASIC THEORETICAL FRAMEWORK TO ANALYZE THE FINANCIAL CRISIS

3. DETERMINANTS OF THE FOREIGN EXCHANGE MARKET 4. PROS AND CONS OF ACTIVE DEVALUATION ; 5. NON-PERFORMING LOANS IN BANKING SECTOR ; 6. REQUIREMENTS FOR FIGHTING THE FINANCIAL CRISIS ; References ; Chapter 4. Korea Korea Financial Crisis: The Crisis of a Development Model?

1. INTRODUCTION

Notes:

Includes bibliographical references and index.

ISBN:

9786611956189

9781281956187

128195618X

9789812810496

9812810498

OCLC:

815755915