Asia Falling: Making Sense of the Asian Currency Crisis and Its Aftermath

Callum Henderson

Physical

In Circulation

Henderson traces how and why the currency crisis happened and finds useful parallels between it and the Mexican crisis that began in late 1994. He also offers specific remedies--such as the creation of a domestic bond market in Asia--and points to compelling opportunities in countries with mature financial systems such as Singapore. This is the first comprehensive look at the Asian financial crisis and should be useful to anyone doing business or investing in Asia.

What will you learn from this book

  1. Root Causes: Analysis of the underlying factors that led to the Asian currency crisis, such as currency pegs, speculative attacks, and vulnerabilities in financial systems.

  2. Impact on Asian Economies: Assessment of the economic, financial, and social impact on the affected Asian countries following the currency crisis.

  3. Policy Responses: Evaluation of the policy measures implemented by governments and international institutions to address the crisis and stabilize the affected economies.

  4. International Financial System: Discussion on the implications of the crisis for the international financial system, including reforms and regulatory changes.

  5. Role of IMF and International Intervention: Examination of the role played by the International Monetary Fund (IMF) and other international actors in managing the crisis.

  6. Lessons Learned: Identification of lessons learned from the crisis in terms of economic policy, financial regulations, and risk management.

  7. Currency Pegs and Exchange Rate Policies: Insights into the debate surrounding fixed versus floating exchange rate regimes in the aftermath of the crisis.

  8. Banking and Financial Sector Reforms: Exploration of reforms in banking and financial sectors to strengthen resilience and prevent future crises.

  9. Regional Economic Integration: Analysis of the impact of the crisis on regional economic integration and cooperation among Asian countries.

  10. Long-Term Implications: Discussion on the long-term implications of the Asian currency crisis on economic growth, investment, and development in the affected countries.

Language English
ISBN-10 0071157514
No of pages 250
Font Size Medium
Book Publisher Tata Mcgraw-Hill
Published Date 01 May 1998

About Author

Author : Callum Henderson

1 Books

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