The Asian financial crisis
Subtitle: origins, implications, and solutions
By: edited by William C. Hunter, George G. Kaufman, Thomas H. Krueger
Contributors: Hunter, W. Curt; Kaufman, George G; Krueger, Thomas H., 1956-; Federal Reserve Bank of Chicago; International Monetary Fund
Publisher: Kluwer Academic
Published: 1999
Place of publication: Boston
Language: eng
Number of pages: 526
Subjects: Financial crises -- Asia -- Congresses; International finance -- Congresses; Asia -- Economic conditions -- Congresses
Genres: Congresses
Description: "In the late 1990s Korea, Thailand, Indonesia and Malaysia experienced a series of major financial crises evinced by widespread bank insolvencies and currency depreciations, as well as sharp declines in gross domestic production."--Jacket.

"This book collects the papers and discussions delivered at an October, 1998 conference co-sponsored by the Federal Reserve Bank of Chicago and the International Monetary Fund to examine the causes, implications and possible solutions to the crises. The conference participants included a broad range of academic, industry, and regulatory experts representing more than thirty countries.

Topics discussed included the origin of the individual crises; early warning indicators; the role played by the global financial sector in this crisis; how, given an international safety net, potential risks of moral hazard might contribute to further crises; the lessons for the international financial system to be drawn from the Asian crisis; and what the role of the International Monetary Fund might be in future rescue operations."--Jacket.
Notes: At head of title: The Federal Reserve Bank of Chicago, The International Monetary Fund

Papers presented at a conference held on Oct. 8-10, 1998 at the Federal Reserve Bank of Chicago, and co-sponsored by the International Monetary Fund

Includes bibliographical references