Bola hospodárska reforma účinným nástrojom na riešenie finančnej krízy v Juhovýchodnej Ázii?

Was the economic reform sufficient instrument for solving the financial crisis?

Peter Baláž and Martin Líner

Politická ekonomie, 2005, vol. 2005, issue 2

Abstract: The study deals with analysis of economic reforms in South-Eastern Asia affected by financial crisis in 1990s. Authors have stressed, that it was a result of internal and external influences, which caused not only the fatal destabilization of main economic fundaments of affected countries and they have had consequences on international business authority of these countries. It was approved, that the high rate of internal interdependence of countries affected by crisis and also the interdependence on Japan, could be considered as basic, but hidden accelerators of crisis. Nevertheless using of important reforming interventions eliminated most of the economic implications of it the risks of re-outbreak of the crisis have been decreased to certain level only. For prevention against its expansion are responsible all "attended" subjects and equally they have to share on realization of reforming economic programs for its long-term elimination.

Keywords: competitiveness; financial crisis; corporate governance; international business; anti-crisis prevention; Asian economic miracle; industrial policy; restructuralization of the debt; economic reforms (search for similar items in EconPapers)
JEL-codes: B31 D92 E29 E58 F13 F21 (search for similar items in EconPapers)
Date: 2005
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DOI: 10.18267/j.polek.505

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