By J. Jay Choi

This edited quantity is a set of unique theoretical, empirical, institutional or policy-oriented articles on all dimensions of the Asian monetary trouble. a different characteristic of this publication is its multi-faceted, but in-depth articles on numerous dimensions of the Asian monetary challenge written by means of policy-makers and practitioners in addition to students world wide. It comprises monetary, structural, cultural, and overseas dimensions of the Asian monetary trouble concerning its motives, outcomes, regulations, and classes. As such, it deals an outstanding one-stop selection of in-depth study articles at the subject. The e-book comprises nineteen articles at the review of the situation, foreign capital flows and quandary, reform in monetary and commercial sectors, and cultural and post-crisis possibilities.

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Extra info for Asian Financial Crisis, Volume 1: Financial, Structural, and International Dimensions (International Finance Review)

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11. In addition to Wade (1998) and Wade & Veneroso (1998a) see the succint summary of their view in Wade & Veneroso (1998b). 12. The direction of cause and effect is not clear here. The absence of alternatives to bank deposits could be because (Asian) household savers are risk averse and value liquidity, or it could be that Asian savers are forced to rely on bank deposits because equity and bond markets are underdeveloped and thus excessively risky and illiquid. 42 JAMES W. D E A N REFERENCES Bhagwati, Jagdish (1998) The Capital Myth, Foreign Affairs, May/June, Vol.

Social and Economic Studies, 47(4), 47-59. Dean, J. W. (1998a). Why Fiscal Conservatives and Left Wing Academics are Wrong About Asia. Challenge, 41 (March/April). Dean, J. W. (1998b). Asia's Crisis in Historical Perspective. Journal of the Asia Pacific Economy, 3(3), 267-283. Dean, J. W. (1999). Is East Asia Illiquid or Insolvent? Multinational Business Review, Fall. Dean, J. W. (2000). Why Financial Crisis May Come to China but not Taiwan. In: A. Chowdhury & I. Islam (Eds), Beyond the East Asian Crisis: The Path to Innovation and Economic Growth.

Foreign Affairs, May/June. Feldstein, M. (1998). Reforming the International Monetary Fund. Wall Street Journal, Oct. 6. Grosse, R. (1994). Jamaica's Foreign Exchange Black Market. Journal of Development Studies, 31(1), 17-27. , & Maxfield, S. (1996). The Political Economy of Financial Internationalization in the Developing World. International Organization, 50(1), 35~8. Irvine, S. (1997). Asian research: worth the paper it's printed on? Euromoney, December. Krugman, E (1994). The Myth of Asia's Miracle.

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