1st Edition

Financial Big Bang in Asia

340 Pages

by Routledge

342 Pages

by Routledge

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Description

This title was first published in 2001. The east Asian economies enjoyed "miraculous" economic growth in the 1990s, and were expected to prosper into the 21st century. However, this was not to be, there was a financial crash in the summer of 1997. The crisis spread from Thailand to the ASEAN economies, and then by the autumn it had reached the northeast Asian economies. Discussions on the causes... Read more

Introduction - financial crisis and system reform in Asia, Masayoshi Tsurumi; financial reform in Japan, Takao Saga; financial reform in the Republic of Korea - past and present, Dong Won Kim, Inn Wok Park; economic development and financial system reform in Taiwan, Tsun-Siou Lee; banking development and the Asian financial crisis in Hong Kong, Y.F. Luk; China's capital market in the course of restructuring, Liu Shi Jin, Zhang Chen Ghui; financial liberalization on financial crisis - the case of Thailand, Prakan Arphasil; financial policy and financial sector development in Indonesia since the 1980s, Anwar Nasution; financial reform and crisis in Malaysia, Chin Kok Fay, Jomo K.S.; the east Asian economic and financial crisis - the case of the Philippines, Joseph Y. Lim; India's financial sector reforms - progress and the macroeconomic constraints, Partha Sen; conclusion - financial big bang in Asia, Masayoshi Tsurumi.