Two Crises, Different Outcomes

Two Crises, Different Outcomes
Author :
Publisher : Cornell University Press
Total Pages : 280
Release :
ISBN-10 : 9780801455018
ISBN-13 : 0801455014
Rating : 4/5 (014 Downloads)

Book Synopsis Two Crises, Different Outcomes by : T. J. Pempel

Download or read book Two Crises, Different Outcomes written by T. J. Pempel and published by Cornell University Press. This book was released on 2015-05-06 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Two Crises, Different Outcomes examines East Asian policy reactions to the two major crises of the last fifteen years: the global financial crisis of 2008–9 and the Asian financial crisis of 1997–98. The calamity of the late 1990s saw a massive meltdown concentrated in East Asia. In stark contrast, East Asia avoided the worst effects of the Lehman Brothers collapse, incurring relatively little damage when compared to the financial devastation unleashed on North America and Europe. Much had changed across the intervening decade, not least that China rather than Japan had become the locomotive of regional growth, and that the East Asian economies had taken numerous steps to buffer their financial structures and regulatory regimes. This time Asia avoided disaster; it bounced back quickly after the initial hit and has been growing in a resilient fashion ever since. The authors of this book explain how the earlier financial crisis affected Asian economies, why government reactions differed so widely during that crisis, and how Asian economies weathered the Great Recession. Drawing on a mixture of single-country expertise and comparative analysis, they conclude by assessing the long-term prospects that Asian countries will continue their recent success.


Two Crises, Different Outcomes Related Books

Two Crises, Different Outcomes
Language: en
Pages: 280
Authors: T. J. Pempel
Categories: Political Science
Type: BOOK - Published: 2015-05-06 - Publisher: Cornell University Press

DOWNLOAD EBOOK

Two Crises, Different Outcomes examines East Asian policy reactions to the two major crises of the last fifteen years: the global financial crisis of 2008–9 a
Economic Crises and the Breakdown of Authoritarian Regimes
Language: en
Pages: 345
Authors: Thomas B. Pepinsky
Categories: Political Science
Type: BOOK - Published: 2009-08-17 - Publisher: Cambridge University Press

DOWNLOAD EBOOK

Why do some authoritarian regimes topple during financial crises, while others steer through financial crises relatively unscathed? In this book, Thomas B. Pepi
Financial Crises Explanations, Types, and Implications
Language: en
Pages: 66
Authors: Mr.Stijn Claessens
Categories: Business & Economics
Type: BOOK - Published: 2013-01-30 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

This paper reviews the literature on financial crises focusing on three specific aspects. First, what are the main factors explaining financial crises? Since ma
Crashed
Language: en
Pages: 722
Authors: Adam Tooze
Categories: Business & Economics
Type: BOOK - Published: 2019-08-27 - Publisher: Penguin

DOWNLOAD EBOOK

WINNER OF THE LIONEL GELBER PRIZE A NEW YORK TIMES NOTABLE BOOK OF 2018 ONE OF THE ECONOMIST'S BOOKS OF THE YEAR A NEW YORK TIMES CRITICS' TOP BOOK "An intellig
This Time Is Different
Language: en
Pages: 513
Authors: Carmen M. Reinhart
Categories: Business & Economics
Type: BOOK - Published: 2011-08-07 - Publisher: Princeton University Press

DOWNLOAD EBOOK

An empirical investigation of financial crises during the last 800 years.