The Asian Crisis: Is There a Way Out?

· Lectures, Workshops, and Proceedings of International Conferences Book 90 · Institute of Southeast Asian Studies
4.0
2 reviews
Ebook
82
Pages

About this ebook

Given that a financial crisis in the capital and foreign exchange markets, caused by a sudden loss of confidence, has taken place, how are the effects transmitted to the real economy? Why must such a crisis cause a recession, or even a depression?  How can such transmission to the real economy be avoided or at least minimized? Surely it is not inevitable that workers and poor people should suffer so much from financial mistakes, nor that there should be such a loss of national output owing to unemployment and excess capacity caused by lack of demand. This is the focus of this book.

Ratings and reviews

4.0
2 reviews
Anil Das
September 7, 2023
AAA BOSS NETWORK
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About the author

Max Corden is the ISEAS Distinguished Fellow in International Economics and Finance in 1998.

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