The Asian Currency Crisis
The Asian Currency Crisis

Author: Abdur R. Chowdhury

Publisher:

Published: 1999

Total Pages: 70

ISBN-13:

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What started in the summer of 1997 as a regional economic and financial crisis in East and Southeast Asia had developed into a global financial crisis within the span of a year. This crisis followed the crisis in the European Monetary System in 1992-3 and the Mexican peso crisis in 1994-5. However, unlike the previous two crises, the scale and depth of the Asian crisis surprised everyone. One obvious reason for this is East and Southeast Asia'strack record of economic success. Since the 1960s, no other group of countries in the world has produced more rapid economic growth or such a dramatic reduction in poverty. Given so many years of sustained economic performance the obvious question is: how could events in Asia unfold as they did?

Jakarta Dollar Market
Jakarta Dollar Market

Author: Njoman Suwidjana

Publisher: Heinemann Educational Publishers

Published: 1984

Total Pages: 92

ISBN-13:

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Offshore curency markets; The Indonesian financial System; The Jakarta dolla r market; Economic significance.

Asian Money Markets
Asian Money Markets

Author: David Chamberlin Cole

Publisher: Oxford University Press, USA

Published: 1995

Total Pages: 485

ISBN-13: 0195074297

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Asian Money Markets traces the evolution of money markets in seven key economies of East and Southeast Asia: Hong Kong, Indonesia, Japan, Korea, Malaysia, the Philippines, and Singapore. It asks how government policy affected the performance of the markets over several decades. Several very different approaches emerge, with important consequences for financial sector development. Countries pursuing market-oriented development strategies, including those in transition from socialist to market economies, need effective financial systems that include efficient money markets. This book should dispel the view that a government can quickly develop money markets; the most complex markets described here started with new government policies more than twenty years ago, and are still evolving to meet new challenges. Asian Money Markets will be of interest to scholars of development finance, financial officials and advisers, and anyone who wants to learn from the experience of some of the most dynamic economies in the world.