The Asian Crisis: an Alternative View
The paper argues that the macro focus of the literature on the Asian crises is not helpful in understanding the causes of the crises. The actual causes lie deeper in the operation of the real, that is, the corporate sector. In this context, the paper analyzes the micro behavior of individual firms.
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|Date of creation:||1999|
|Date of revision:|
|Contact details of provider:|| Postal: Asian Development Bank, Economics and Development Resource Center. P.O. Box 789 Manila Philippines.|
Fax: (63-2) 636-2648
Web page: http://www.adb.org/
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- Obstfeld, Maurice, 1998.
"The Global Capital Market: Benefactor or Menace?,"
Center for International and Development Economics Research, Working Paper Series
qt3kn3n2s8, Center for International and Development Economics Research, Institute for Business and Economic Research, UC Berkeley.
- Maurice Obstfeld., 1998. "The Global Capital Market: Benefactor or Menace?," Center for International and Development Economics Research (CIDER) Working Papers C98-098, University of California at Berkeley.
- Maurice Obstfeld, 1998. "The Global Capital Market: Benefactor or Menace?," NBER Working Papers 6559, National Bureau of Economic Research, Inc.
- Maurice Obstfeld, 2000. "The Global Capital Market: Benefactor or Menace?," International Finance 0004001, EconWPA.
- Reinhart, Carmen & Khan, Mohsin, 1995.
"Macroeconomic Management in APEC Economies: The Response to Capital Inflows,"
8148, University Library of Munich, Germany.
- Steven Radelet & Jeffrey D. Sachs, 1998. "The East Asian Financial Crisis: Diagnosis, Remedies, Prospects," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 29(1), pages 1-90.
- Diaz-Alejandro, Carlos, 1985. "Good-bye financial repression, hello financial crash," Journal of Development Economics, Elsevier, vol. 19(1-2), pages 1-24.
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