Financial Crisis, Capital Outflows, and Policy Responses: Examples from East Asia

Autor/in	Rajan, Ramkishen S.
Titel	Financial Crisis, Capital Outflows, and Policy Responses: Examples from East Asia
Quelle	In: Journal of Economic Education, 38 (2007) 1, S.92-108 (17 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0022-0485
Schlagwörter	Foreign Countries; Financial Problems; Monetary Systems; Banking; Financial Policy; Economics Education; Macroeconomics; Undergraduate Study; Asia; Indonesia; Malaysia; South Korea; Thailand + Suchen Sie Ihr Suchwort? Ausland; Monetary system; Währungssystem; Bankgeschäft; Fiscal policy; Finanzpolitik; Wirtschaftskunde; Makroökonomie; Grundstudium; Asien; Indonesien; Korea; Republik
Abstract	Financial crises seem to have become the norm rather than the exception since 1992. The author examines the impact of a crisis of confidence and resultant capital outflows from a small and open economy and the possible policy options in response to such outflows, using simple tools and definitions that will be familiar to any money and banking or intermediate macroeconomics student. Examples are drawn from the East Asian crisis of 1997-98 (Indonesia, Korea, Malaysia, and Thailand), although the analysis remains pertinent to emerging economies in general. (Contains 10 figures and 20 endnotes.) (Author).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2017/4/10