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and financial crises in Asia, Latin America and Russia. The paper notes that, in contrast to the uneven economic … económicas y financieras de Asia, Latinoamérica y Rusia. Se observa que, a diferencia de los irregulares resultados económicos … de dicho programa de políticas? Crisis económica y financiera de Asia—Una tesis de gran importancia y trascendencia sobre …
Persistent link: https://www.econbiz.de/10011499958
This paper discusses how financial crises in emerging Asia and Japan worked as catalysts for legal reforms. Findings …
Persistent link: https://www.econbiz.de/10013062064
Persistent link: https://www.econbiz.de/10000669406
Persistent link: https://www.econbiz.de/10001388784
"Using an early warning system (EWS) model, this paper provides more empirical evidence on the causes of the 1997 Asian financial crisis, with a view to discriminating between the two hypotheses of "weak fundamentals" and "investors' panic." The results show that there are strong warning signals...
Persistent link: https://www.econbiz.de/10011280381
The crises in Southeast and East Asia have started a new round of debate on the benefits and disadvantages of … globalization. We have to ask whether the crises in Asia were the result of failures in national economic policy or whether they …
Persistent link: https://www.econbiz.de/10014204245
This paper provides an asymmetric information analysis of the recent East Asian crisis. It then outlines several lessons from this crisis. First, there is a strong rationale for an international lender of last resort. Second, without appropriate conditionality for this lending, the moral hazard...
Persistent link: https://www.econbiz.de/10012470928
Persistent link: https://www.econbiz.de/10012584250
from the turmoil raging in its midst? What explains Asia's remarkable recovery just three years after the crisis? In what …
Persistent link: https://www.econbiz.de/10012794368
This paper examines the effects of financial crises on the long memory volatility dependency of daily exchange returns focusing on the Asian crisis in 97-98 and the Global crisis in 08-09. By using the daily KRW-USD and JPY-USD exchange rates which have different trading regions and volumes,...
Persistent link: https://www.econbiz.de/10013006577