TITLE

HAPPY ANNIVERSARY, 1997

AUTHOR(S)
Roche, David
PUB. DATE
July 2007
SOURCE
Forbes Asia;7/23/2007, Vol. 3 Issue 13, p107
SOURCE TYPE
Periodical
DOC. TYPE
Editorial
ABSTRACT
The author reflects on the 1997 Asian crisis. He notes that after ten years, the situation has been reversed. The U.S. is now where Asia was, while Asia finances the U.S. current account deficit. And as in the old days most of that money flows into highly unproductive financial assets. The difference, according to him, is that the U.S. will not suffer the same fate as Asia during its crisis considering its decent financial institutions and efficient markets and a history of dealing with crises.
ACCESSION #
26247065

 

Related Articles

  • The Rich Borrow and the Poor Repay. Buckley, Ross P // World Policy Journal;Winter2002/2003, Vol. 19 Issue 4, p59 

    Examines the socialization of private-sector debt within the context of the financial crises of the past 30 years beginning 1972. Cause of the debt crisis of 1982; Role of debt during the East Asian economic crisis in 1997; Ways done by the international financial community to socialize private...

  • Wall comes tumbling down. Welsh, Max // Bulletin with Newsweek;04/25/2000, Vol. 118 Issue 6221, p6 

    Comments on the economic instability in the international financial market. Crises in the 1990s that affected Great Britain and the Swedish banking sector, Mexico and Asia; Wall Street economy; Implications of the crises for financial institutions.

  • These Financial Times.  // Lakelander (Whitney, TX);12/10/2008, Vol. 22 Issue 50, p3 

    The article presents a discussion from the book "Sudden Impact," by Leonard A. Renier, which focuses on the impact of the difficult economic situation on consumers.

  • Reverse Big Government Trend in Time of Crisis. London, Gary // San Diego Business Journal;2/1/2010, Vol. 31 Issue 5, p39 

    In this article the author discusses the government trend in a wake of financial crisis in the U.S.

  • Will you survive the global meltdown?  // Diva;Apr2009, Issue 155, p30 

    A quiz concerning how to survive the global economic meltdown is presented.

  • Recovery Question.  // CCPA Monitor;Feb2011, Vol. 17 Issue 8, p30 

    The article presents a question related to the economic condition.

  • Consumers' Last Hurrah? Samuelson, Robert J. // Newsweek (Pacific Edition);11/4/2002 (Pacific Edition), Vol. 140 Issue 19, p46 

    Comments on consumer spending in the United States. Idea that they are combating economic stagnation with stimulus; Opinion that the economic outlook is dismal because of weak retail sales, decline in consumer confidence, and slow consumer credit growth; Topics of the stock market and low...

  • Adventures with Mammon and Caesar.  // Our Sunday Visitor;1/1/2012, Vol. 100 Issue 36, p14 

    The article explores the economic problems faced by the world in 2011 and emphasizes the role of powerful people in government and business in the financial crisis.

  • The Year in Sociology. Burkett, Philip H. // America;1/2/1932, Vol. 46 Issue 13, p311 

    The author reflects on the development of the social welfare in the U.S. He states that the year in sociology in 1931, which suffered vast industrial depression, seems to have affected and resulted to a temporary paralysis. He also notes that the root of the evil is that people are being guided...

  • Editor's Introduction. SECCARECCIA, MARIO // International Journal of Political Economy;Summer2009, Vol. 38 Issue 2, p3 

    The article presents an introduction to the June 2009 issue, highlighting the central theme of the international financial crisis of 2008-2009, its history, and comments on possible future economic trajectories.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics