East Asia's financial crisis quickly has deteriorated into an economic and social crisis. This study presents an analysis of the crisis, provides a report card on progress within the region, and suggests policy directions that will affect the pace of recovery. There were three weaknesses in the foundation of East Asia's growth: i) Large current account deficits, financed with short-term flows, exposed East Asian economies to sudden reversals. ii)...
انظر المزيد
تفاصيل
-
1998/9/30
-
المطبوعات
-
18457
-
1
-
1
-
2024/9/02
-
Disclosed
-
East Asia : the road to recovery
-
Incremental Capital-Output Ratio