Assessing the Recent Asian Economic Crises: The Role of Virtuous and Vicious Cycles
- Financial Distress and Firm Performance: Evidence from the Asian Financial Crisis. Tih Koon Tan // Journal of Finance & Accountancy;2012, Vol. 11, p36
Using a sample of 277 firms from eight East Asian economies, the relationship between financial distress and firm performance during the Asian Financial Crisis of 1997-1998 was tested. The crisis provides an exogenous shock which reduces the endogeneity issues between firm performance and...
- The art of war chests. Walker, Rupert // FinanceAsia;2009 Forex Guide, p4
The article focuses on the goal of policy makers to avoid a repeat of the crisis unleashed in 1997-1998 by sending their economies into deep and protracted recessions in Asian countries. It notes that policy makers would avoid having to borrow from the International Monetary Fund (IMF), and to...
- Asia's time lag. Ritter, Eric // International Economy;Nov/Dec99, Vol. 13 Issue 6, p8
Examines the economic recovery of Asian countries. Concept called Asian time lag; Manufacturing capacity utilization; Investors' demand for higher returns on equity; Compensation for the heightened perception of risk following the worldwide currency crises.
- Internal Antecedents to the 1997 Asian Economic Crisis. Alon, Ilan; Kellerman, Edmund A. // Multinational Business Review (St. Louis University);Fall99, Vol. 7 Issue 2, p1
While a large body of literature lays the blame of the 1997 Asian economic crisis on external factors, such as Japan's recession and non-stringent international bank credit, the body of literature examining the internal factors is scant. The purpose of this article is to examine the internal...
- Asian Financial Crisis: The Role of China and Japan in the Post-Asian Crisis Era (Or Solution). Pettway, Richard H. // Multinational Business Review (St. Louis University);Fall99, Vol. 7 Issue 2, p13
This paper reviews what happened to create the Asian Financial Crisis, updates some of the economic facts, and comments on the role of China and Japan in the solution to the crisis. Japan will not be helpful in the short-term as it is currently too preoccupied with its own problems. China will...
- Restoring Growth in Asia After the Late 1990s Economic Crisis: Need for Domestic and International . Aggarwal, Raj // Multinational Business Review (St. Louis University);Fall99, Vol. 7 Issue 2, p22
This paper finds that the primary causes of the late 1997 Asian economic crises were 1) stronger international competition among Asian countries, 2) high levels of political influence in private economic decisions and poorly developed domestic financial markets, and 3) a weak international...
- The Asian Financial Crisis of 1997 and its Consequences. Garg, Ramesh; Kim, Suk H. // Multinational Business Review (St. Louis University);Fall99, Vol. 7 Issue 2, p32
In Spring 1997, currency turmoil erupted in Southeast Asia. This currency crisis, in turn, triggered the market rout on Wall Street on October 27, 1997. This article discusses interlinked capital markets, the potential impact of Asian currency crisis on the U.S. economy, and trade-halting rules.
- Globalization Emerging Market Economies and Currency Crisis in Asia: Implications on Economic Refor. Aybar, C. Bulent; Milaman, Claudio D. // Multinational Business Review (St. Louis University);Fall99, Vol. 7 Issue 2, p37
Recent experiences in Latin America and Asia provide ample evidence that countries in the process of integration are increasingly exposed to internal and external economic shocks. More importantly, this growing vulnerability of particularly developing economies has the potential of undermining...
- On Bubbles and Southeast Asia. // Forbes Asia;Feb2014, Vol. 10 Issue 2, p8
A letter to the editor is presented in response to the article "Bubble Bath" in the January 2014 issue.