The East Asian Financial Crisis — A Look Back and an Analysis

Sorab Sadri

Management and Labour Studies, 1999, vol. 24, issue 3, 172-189

Abstract: For almost five decades the capitalist answer to the socialist development in Asia and Latin America was the spectacular rise of the East Asian economies. This paper adopts a liberal position in examining what went wrong in East Asia, why the bubble of capitalist growth burst and why the IMF bail-out did not succeed. It provides a detailed analysis of the situation before, during and after the crisis.

Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:sae:manlab:v:24:y:1999:i:3:p:172-189

DOI: 10.1177/0258042X9902400303

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