L'Asie d'une crise à l'autre: l'impact sur l'intégration régionale

Catherine Figuière and Laëtitia Guilhot

Mondes en développement, 2011, vol. n°154, issue 2, 29-44

Abstract: This contribution analyses the link between the process of regional economic integration in East Asia and the history of two major recent economic crises : 1997, the so-called ?Asian crisis?, and 2007 the ?subprime crisis?, ten years later. In 1997, an economic crisis is generated in Asia, and the countries are forced to initiate the bases of a financial and monetary regional regime. In 2007, the crisis begins in the United-States, and after expands worldwide. In Asia, States decide to deepen their cooperation particularly on monetary matters, thereby strengthening the regional regime.

Keywords: 1997 crisis; 2007 crisis; East Asia; regime; regional integration; decoupling (search for similar items in EconPapers)
Date: 2011
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