Causes of and Prescriptions for the Asian Financial Crisis

Tran Hoa

Chapter 2 in The Causes and Impact of the Asian Financial Crisis, 2000, pp 11-25 from Palgrave Macmillan

Abstract: Abstract The chapter is an attempt to investigate why the Asian financial (also known as the currency and economic) crisis starting in 1997 has happened, and not how it has taken place. The latter has been widely described in a large number of articles and commentaries in the mass- and multimedia from the second half of 1997 to well into the second half of 1998, with analysis from economic and financial experts originating from East Asia to North America and Europe. The chapter also attempts to consolidate or unify the various causes that have been advanced as giving rise with a strong possibility to the crisis, and to analyse and seek plausible and operational solutions to it.

Keywords: Interest Rate; Stock Market; Central Bank; Mutual Fund; Asian Economy (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-333-98294-5_2

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DOI: 10.1007/978-0-333-98294-5_2

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