The Asian Crisis : : Is There a Way Out? / / Max Corden.

Given that a financial crisis in the capital and foreign exchange markets, caused by a sudden loss of confidence, has taken place, how are the effects transmitted to the real economy? Why must such a crisis cause a recession, or even a depression? How can such transmission to the real economy be avo...

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Bibliographic Details
Superior document:Title is part of eBook package: De Gruyter Asian Studies Archive (pre 2000) eBook Package
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Place / Publishing House:Singapore : : ISEAS Publishing, , [1998]
©1998
Year of Publication:1998
Language:English
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Physical Description:1 online resource (90 p.)
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Table of Contents:
  • Frontmatter
  • CONTENTS
  • INTRODUCTION
  • A SIMPLE KEYNESIAN DEMAND STORY
  • THE KEYNESIAN SOLUTION
  • PROBLEMS OF FISCAL EXPANSION
  • THE EXCHANGE RATE AND THE HOPED-FOR EXPORT BOOM
  • BIG PROBLEMS CREATED BY EXCESSIVE EXCHANGE RATE DEPRECIATIONS
  • THE DOMESTIC FINANCIAL BREAKDOWN
  • DO THE CRITICS OF THE IMF HAVE A CASE?
  • LESSONS FROM MEXICO
  • THE SHORT TERM VERSUS THE LONG TERM
  • A FINAL WORD ON THE IMF
  • A POSTSCRIPT ON INDONESIA
  • REFERENCES
  • INDEX
  • About the Author