Two Crises, Different Outcomes

Two Crises, Different Outcomes
Author :
Publisher : Cornell University Press
Total Pages : 280
Release :
ISBN-10 : 9780801455018
ISBN-13 : 0801455014
Rating : 4/5 (18 Downloads)

Book Synopsis Two Crises, Different Outcomes by : T. J. Pempel

Download or read book Two Crises, Different Outcomes written by T. J. Pempel and published by Cornell University Press. This book was released on 2015-05-06 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Two Crises, Different Outcomes examines East Asian policy reactions to the two major crises of the last fifteen years: the global financial crisis of 2008–9 and the Asian financial crisis of 1997–98. The calamity of the late 1990s saw a massive meltdown concentrated in East Asia. In stark contrast, East Asia avoided the worst effects of the Lehman Brothers collapse, incurring relatively little damage when compared to the financial devastation unleashed on North America and Europe. Much had changed across the intervening decade, not least that China rather than Japan had become the locomotive of regional growth, and that the East Asian economies had taken numerous steps to buffer their financial structures and regulatory regimes. This time Asia avoided disaster; it bounced back quickly after the initial hit and has been growing in a resilient fashion ever since. The authors of this book explain how the earlier financial crisis affected Asian economies, why government reactions differed so widely during that crisis, and how Asian economies weathered the Great Recession. Drawing on a mixture of single-country expertise and comparative analysis, they conclude by assessing the long-term prospects that Asian countries will continue their recent success.


Two Crises, Different Outcomes Related Books

Two Crises, Different Outcomes
Language: en
Pages: 280
Authors: T. J. Pempel
Categories: Political Science
Type: BOOK - Published: 2015-05-06 - Publisher: Cornell University Press

DOWNLOAD EBOOK

Two Crises, Different Outcomes examines East Asian policy reactions to the two major crises of the last fifteen years: the global financial crisis of 2008–9 a
East Asia in Crisis
Language: en
Pages: 357
Authors: Ross Garnaut
Categories: Social Science
Type: BOOK - Published: 2002-01-22 - Publisher: Routledge

DOWNLOAD EBOOK

The current economic crisis in East Asia is unprecedented in world economic history. It seemed the economic strength of the region, until very recently, would j
China and East Asia
Language: en
Pages: 331
Authors: Peng Er Lam
Categories: Business & Economics
Type: BOOK - Published: 2013 - Publisher: World Scientific

DOWNLOAD EBOOK

This book examines the need for greater East Asian cooperation and the challenges to this grand endeavor. With differing national outlooks, how can East Asia pr
Rethinking the East Asian Miracle
Language: en
Pages: 538
Authors: Joseph E. Stiglitz
Categories: Political Science
Type: BOOK - Published: 2001-06-01 - Publisher: World Bank Publications

DOWNLOAD EBOOK

This volume provides highly illuminating, analytic perspectives on key facets of the East Asian economies. It discusses weaknesses in the financial sector, corp
Crisis as Conquest
Language: en
Pages: 156
Authors: Jayati Ghosh
Categories: East Asia
Type: BOOK - Published: 2001 - Publisher: Orient Blackswan

DOWNLOAD EBOOK

To What Extent Does The East Asian Experience Provide Us With A Viable Model Of Economic Development? This Tract Seeks To Answer This Through A Careful Analysis