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Lessons for India from the Recent Financial Crisis in Southeast Asia

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  • Meenakshi Rishi
  • Kishore G Kulkarni

Abstract

Though the financial crisis recently suffered by several Southeast Asian countries has already been extensively studied, this article views the crisis as an object lesson for India. An analysis of the World Debt Tables, published by the World Bank indicates that, on the whole, India's indebtedness has been more carefully managed. However, there are clear danger signals which show that the government must give priority to the management of external debt.

Suggested Citation

  • Meenakshi Rishi & Kishore G Kulkarni, 2000. "Lessons for India from the Recent Financial Crisis in Southeast Asia," Management and Labour Studies, XLRI Jamshedpur, School of Business Management & Human Resources, vol. 25(4), pages 272-289, October.
    • Handle: RePEc:sae:manlab:v:25:y:2000:i:4:p:272-289
    DOI: 10.1177/0258042X0002500405
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    1. Corsetti, Giancarlo & Pesenti, Paolo & Roubini, Nouriel, 1999. "What caused the Asian currency and financial crisis?," Japan and the World Economy, Elsevier, vol. 11(3), pages 305-373, October.
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