Journals Higher Education



Published: 10 July 2003

416 Pages

9.2 x 6.1 inches

ISBN: 9780719066030

Also Available As:


Bookseller Code (06)


The Asian Financial Crisis

Crisis, Reform and Recovery

Shalendra D. Sharma

Published by Manchester University Press

  • The Asian financial crisis of 1997-98 shook the foundations of the global economy and what began as a localised currency crisis soon engulfed the entire Asian region
  • What went wrong and how did the Asian economies long considered 'miracles' respond? How did the United States, Japan and other G-7 countries respond to the crisis? What role did the IMF play?
  • Why did China, which suffers many of the same structural problems responsible for the crisis remain conspicuously insulated from the turmoil raging in its midst?
  • What explains the remarkable recovery now underway in Asia? In what fundamental ways did the Asian crisis serve as a catalyst to the current thinking about the "new international financial architecture"?
  • This book provides answers to all the above questions and more, and gives a comprehensive account of how the international economic order operates, examines its strengths and weaknesses, and what needs to be done to fix it

Also of Interest

Related Categories

Social Sciences > Economics