The East Asian Crisis : Macroeconomic Developments and Policy Lessons

Macroeconomic Developments and Policy Lessons

The East Asian Crisis : Macroeconomic Developments and Policy Lessons
This paper reviews macroeconomic developments during the first year of the crisis in east Asia and draws some preliminary policy lessons. The crisis is rooted in the interaction of large capital inflows and weak private and public sector governance. At the same time, macroeconomic adjustment in these countries has resulted in some surprising... READ MORE...

Publication date: September 1998
ISBN 9781451935547
$15.00

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