The Financial Crisis in South-East Asia – Its Impact on Austria
At present it is not possible to gauge the extent of the financial and economic crisis in South-East Asia. The effect of this crisis on Austria will, however, remain marginal: there are few direct trade links between Austria and the countries in question (exports to these countries amount only to 1½ percent of total exports). Austria's main trading partners are not greatly affected and the European economy has recently taken an upward turn. Moreover, Austrian banks are not very active in Asia's loans extended to this region amount to only 1¼ percent of total foreign loans outstanding. Nonetheless, the current crisis should be taken as an opportunity to regulate and stabilize exchange rates between major currencies and the international financial system.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 3 (1998)
Issue (Month): 2 (April)
|Contact details of provider:|| Postal: Arsenal Object 20, A-1030 Wien|
Phone: (+43 1) 798 26 01-0
Fax: (+43 1) 798 93 86
Web page: http://www.wifo.ac.at/
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Graciela Laura Kaminsky, 1997.
"Leading Indicators of Currency Crises,"
IMF Working Papers
97/79, International Monetary Fund.
- Reinhart, Carmen & Kaminsky, Graciela & Lizondo, Saul, 1998. "Leading Indicators of Currency Crises," MPRA Paper 6981, University Library of Munich, Germany.
- Kaminsky, Graciela & Lizondo, Saul & Reinhart, Carmen M., 1997. "Leading indicators of currency crises," Policy Research Working Paper Series 1852, The World Bank.
- Patrick K. Asea & S. Brock Blomberg, 1997.
NBER Working Papers
5951, National Bureau of Economic Research, Inc.
- Goldfajn, Ilan & Valdes, Rodrigo O., 1998.
"Are currency crises predictable?,"
European Economic Review,
Elsevier, vol. 42(3-5), pages 873-885, May.
When requesting a correction, please mention this item's handle: RePEc:wfo:wquart:y:1998:i:2:p:71-83. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ilse Schulz)
If references are entirely missing, you can add them using this form.