The Causes and Impact of the Asian Financial Crisis

This book, written by international experts in the Asian and world economies, provides a timely, comprehensive and authoritative assessment on the likely causes and potential impact of the Asian financial crisis. The countries covered include Thailand, Indonesia, Malaysia, Singapore, the Philippines and Vietnam in the ASEAN, Korean and China in Asia, and the major countries in North America and the European Community. Booknews International experts provide a timely assessment of the likely causes and potential impact of the 1990s' Asian financial crisis. The 14 contributions cover Thailand, Indonesia, Malaysia, Singapore, the Philippines and Vietnam in the ASEAN, Korea and China in Asia, and the major countries in North America and the European Union. Edited by Tran Van Hoa and Charles Harvie, who are both professors of economics at the U. of Wollongong, Australia. Annotation c. Book News, Inc., Portland, OR (booknews.com) Front Matter....Pages i-xv The Asian Financial Crisis: An Overview....Pages 1-7 Front Matter....Pages 9-9 Causes of and Prescriptions for the Asian Financial Crisis....Pages 11-25 Fundamental Causes of the Asian Financial Crisis: An Econometric Study....Pages 26-34 The Asian Financial Crisis and Prospects for Trade and Business with Thailand....Pages 35-57 The Korean Financial Crisis: Is Bail-out a Solution?....Pages 58-94 The Financial Crisis in Indonesia: The Role of Good Governance....Pages 95-130 Front Matter....Pages 131-131 The Asian Financial Crisis and Singapore: Can it Avoid the Contagion?....Pages 133-140 China: A Giant with an Achilles Heel?....Pages 141-149 Vietnam and the Asian Financial Crisis: How to Avoid the Contagion....Pages 150-159 Taiwan: An Island State with Economic Insulation?....Pages 160-172 Front Matter....Pages 173-173 MICE in the Meltdown: An Economic Analysis of the Impact of Developments in Asia on the Meeting and Conference Industries....Pages 175-190 Some Implications of the Asian Economic Crisis for the Non-Asian World....Pages 191-201 The Asian Currency and Economic Crisis: Macroeconomic Performance and Policy....Pages 202-218 The Current State of the Asian Crisis and Prospects....Pages 219-222 Back Matter....Pages 223-232 As witness to one of the world's great crises in recent times, academics and students, business people, national and international government analysts, policy makers and political leaders worldwide have been pre-occupied by an effort to adequately unravel or sufficiently understand the factors that have brought about the so-called Asian financial, currency or economic crisis and hopefully to find plausible cures or solutions to it. This book examines the impact of economic globalization in developing economies and it applies empirical studies of all of the major countries to theoretical perspectives on the crisis. "This book, written by international experts of the Asian and world economies, provides an assessment of the likely causes and potential impact of the 1990s' Asian financial crisis for use by governments, national international institutions and organizations, academics and students, business professionals and individuals who are interested in the subject-matter." "The countries covered include Thailand, Indonesia, Malaysia, Singapore, Philippines and Vietnam in the ASEAN, Korea and China in Asia, and the major countries in North America and the European Union."--Jacket