CONCLUSION: LESSONS AND POLICY IMPLICATIONS

Tzong-Shian Yu and Dianqing Xu

Chapter 13 in From Crisis to Recovery:East Asia Rising Again?, 2001, pp 493-509 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:INTRODUCTIONTHE DIVERSE EXPERIENCES OF THE FINANCIAL CRISISRESPONSES TO THE IMF POLICY PRESCRIPTIONSTHE ROAD TO RECOVERYLESSONS FROM THE FINANCIAL CRISISThe Current Account Deficit ProblemCapital Account LiberalizationStrong Economic FundamentalsOver-Investment in Real EstateGovernment Intervention vs. Laissez-FaireThe Moral Hazard ProblemPOLICY IMPLICATIONS

Keywords: Bubble Economy; Crisis Management; Excess Investment; external Debt; Financial Crisis; Government Intervention; international Speculation; Moral Hazard; Non-Performing Loans; Nepotism between Politicians and Enterprises (search for similar items in EconPapers)
Date: 2001
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