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Bola hospodárska reforma účinným nástrojom na riešenie finančnej krízy v Juhovýchodnej Ázii?
[Was the economic reform sufficient instrument for solving the financial crisis?]


  • Peter Baláž
  • Martin Líner


The study deals with analysis of economic reforms in South-Eastern Asia affected by financial crisis in 1990s. Authors have stressed, that it was a result of internal and external influences, which caused not only the fatal destabilization of main economic fundaments of affected countries and they have had consequences on international business authority of these countries. It was approved, that the high rate of internal interdependence of countries affected by crisis and also the interdependence on Japan, could be considered as basic, but hidden accelerators of crisis. Nevertheless using of important reforming interventions eliminated most of the economic implications of it the risks of re-outbreak of the crisis have been decreased to certain level only. For prevention against its expansion are responsible all "attended" subjects and equally they have to share on realization of reforming economic programs for its long-term elimination.

Suggested Citation

  • Peter Baláž & Martin Líner, 2005. "Bola hospodárska reforma účinným nástrojom na riešenie finančnej krízy v Juhovýchodnej Ázii?
    [Was the economic reform sufficient instrument for solving the financial crisis?]
    ," Politická ekonomie, University of Economics, Prague, vol. 2005(2).
  • Handle: RePEc:prg:jnlpol:v:2005:y:2005:i:2:id:505

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    References listed on IDEAS

    1. Torgler, Benno, 2002. " Speaking to Theorists and Searching for Facts: Tax Morale and Tax Compliance in Experiments," Journal of Economic Surveys, Wiley Blackwell, vol. 16(5), pages 657-683, December.
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    More about this item


    competitiveness; financial crisis; corporate governance; international business; anti-crisis prevention; Asian economic miracle; industrial policy; restructuralization of the debt; economic reforms;

    JEL classification:

    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • D92 - Microeconomics - - Micro-Based Behavioral Economics - - - Intertemporal Firm Choice, Investment, Capacity, and Financing
    • E29 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Other
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements


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