From Crisis to Recovery

From Crisis to Recovery
Pris
Pris
1 699,- 1 699,-
E-Bok
Format E-Bok
Filformat PDF
Utgivelsesår 2001
Forlag World Scientific Publishing Co
Språk Engelsk
ISBN 9789812810496
Sider 524
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Om From Crisis to Recovery

It is interesting to note that after two years of recession in East Asia, almost all the countries in this region are rising again. In the wake of that sudden onslaught on the economies of East Asia, many new questions have come to the fore (and are waiting for the right answers), such as: How could the Asian countries have become so weak as to totally succumb to the financial crisis? What were the real causes of the crisis? What policy measures have the affected countries taken to combat the crisis and how effective have they been? As for the argument of “hands-off policy” versus “government intervention”, which approach was more appropriate for curbing the expansion of the crisis? What are the policy implications of resolving the crisis? Why is East Asia rising again after the two-year recession?The editors of this volume organized a research team composed of 12 leading economists from the ten East Asian countries: Thailand, Malaysia, Indonesia, the Philippines, Singapore, Hong Kong, Taiwan, Korea, mainland China and Japan. One expert from the United States was also invited; he was responsible for making an aggregate analysis of the interdependence of the region in the context of a financial crisis. Two meetings were held — the first in April 1999, the second in January 2000.Contents:An Overview of the Financial Crisis in East Asia (T-S Yu)Japan: Japan's Bubble Economy and Asia (H S Lim)China: Financial Crisis and Chinese Economy (D-Q Xu)Korea: Korean Financial Crisis — The Crisis of a Development Model? (J Lee)Singapore: Coping with the Asian Financial Crisis — The Singapore Experience (K-J Ngiam)Hong Kong: Financial Crisis in the Case of Hong Kong — Last In, Last Out? (C Tuan & L F Y Ng)Taiwan: Financial Crisis in East Asia (T-M Huo)Thailand: 1997 Thai Financial Crisis (C Leenabanchong)Malaysia: Financial Crisis in Malaysia (M Ariff & M M- C Yap)Indonesia: Indonesia's Responses to the Recent Economic Crisis (A Nasution)Philippine: The 1997-1999 Philippine Economic Downturn — A Preventable One (E A Tan)Recursive Dynamic CGE Analysis: The Road to Economic Recovery in Asia (Z Wang & D- Q Xu)Conclusion: Lessons and Policy Implications (T-S Yu & D-Q Xu)Readership: Professors and graduate students in economics and economists working in financial institutions such as the World Bank, IMF, ADB and commercial banks.Key Features:The book is unique as a collection of basic papers in the study of the combinatorial hierarchy and discrete physics. We mention particularly that it contains contributions by a number of very well-known physicists and mathematiciansThere are a number of ground-breaking topics — including work relating quantum mechanics and discrete and geometrical physics, and new approaches to the combinatorial hierarchy using topos theoryFinally, the papers are for the most part self-contained expositions available to advanced undergraduates and researchers in both continuous and discrete theoretical physics


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