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Crisis and Recovery: Learning from the Asian Experience by Jong-wha Lee

Crisis and Recovery: Learning from the Asian Experience by Jong-wha Lee

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Author
Jong-wha Lee
Publisher
World Scientific Publishing Company
Date of release
Pages
350
ISBN
9789814749633
Binding
Hardcover
Illustrations
Format
PDF, EPUB, MOBI, TXT, DOC
Rating
4
38

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Crisis and Recovery: Learning from the Asian Experience

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Book review

Crisis and Recovery: Learning from the Asian Experience is a collection of selected articles related to the Asian experience with two crises the Asian financial crisis in 1997 98 and the global financial crisis of 2007 08 written by Dr Jong-Wha Lee, former chief economist of the Asian Development Bank. These papers are grouped into three broad topics: Anatomy of Asian Growth and Crises, Asian Financial Crises: Responses and Lessons, and Global Financial Crisis and Challenges to Asia's Sustained Growth. The topics include the relation of the East Asia's development strategies with the 1997 98 Asian financial crisis, the causes of the Asian financial crisis, the desirability of IMF programs, the assessment of recovery and structural reforms, the process of spillovers of the global financial crisis to Asia, regional and global economic linkages, the role of China and the renminbi, and the long-term growth projections of Asian economies. The research collected in this book will be very useful for policymakers who want to learn from the Asian experience with the crises and it is a key contribution to ongoing research and policy debates on the future of Asian economies.


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