The Real Danger Isn’t Another Crisis

Chi Lo

Chapter 7 in Phantom of the China Economic Threat, 2006, pp 133-156 from Palgrave Macmillan

Abstract: Abstract Despite Asia’s inherent systemic flaws, the external shocks and China’s economic threat aggravating these problems, another regional financial crisis is avoidable. Notably, today’s Asia has had some economic buffers that will help mitigate the macro instability. They include large external surpluses and foreign reserves accumulation, high domestic liquidity, undervalued currencies and lower exposure to global interest rate volatility.

Keywords: Exchange Rate; Interest Rate; Public Debt; Current Account Deficit; Flexible Exchange Rate (search for similar items in EconPapers)
Date: 2006
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-62629-4_7

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230626294

DOI: 10.1057/9780230626294_7

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().