Managing Financial Crises; The Experience in East Asia
Timothy D. Lane,
A. Javier Hamann (),
Ales Bulir (),
Steven T Phillips,
Atish Ghosh (),
Alex Mourmouras and
No 00/107, IMF Working Papers from International Monetary Fund
The Asian financial crisis of 1997-98 was one of the most dramatic economic events of recent times, which raised many questions regarding the appropriate policy response to financial crises. This paper reviews the experience of this crisis, focusing on the overall strategy of crisis management and the way that strategy was implemented, including with regard to official and private financing, structural reforms, and monetary and fiscal policies.
Keywords: Asia; Financial crisis; East Asian financial crisis, IMF, asian crisis, crisis countries, moral hazard, capital outflows, capital adequacy (search for similar items in EconPapers)
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Journal Article: Managing financial crises: the experience in East Asia (2000)
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Persistent link: https://EconPapers.repec.org/RePEc:imf:imfwpa:00/107
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