Crisis management in Asian countries

Dianqing Xu and Ling Li

Global Economic Review, 1998, vol. 27, issue 3, 14-29

Abstract: The approaches the Asian countries have undertaken to manage their economic crisis prevail in three different patterns: the Malaysian style, the Indonesian style, and the Thai-South Korean style. They present similarities in terms of restructuring their economy and adopting new economic policies, given that the main causes of the crisis have been originally embedded within their economic structures themselves. The differences among these patterns, however, concern their response toward international help, especially the IMF, as a means to save their falling economy.

Date: 1998
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DOI: 10.1080/12265089808449738

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