East Asia in Crisis
From Being a Miracle to Needing One?
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East Asia in Crisis by Ross Garnaut
Book DescriptionThe current economic crisis in East Asia is unprecedented in world economic history. It seemed the economic strength of the region, until very recently, would just keep growing. Now, the macroeconomic achievements of Asia are under threat and the economies of North America and Europe are feeling the results. This book brings together the thoughts of leading experts on the Asian economy and provides a broad and thorough analysis of the situation. It provides case studies from fourteen countries in the region, how the crisis developed and affected them, and the response from governments. There are other non-country specific chapters with a strong theoretical content which address issues such as causation, how such a crisis should be handled, how it might be avoided in the future, and the likely implications for on-going deregulatory and other economic reforms. This is an important authoritative account of one of the most extraordinary economic events and provides a broad synthesis of case studies and theoretical approaches from a variety of researchers with an intimate knowledge of the region.
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Book DetailsISBN: 9780415198318
(234mm x 156mm x 34mm)
Publisher: Taylor & Francis Ltd
Publish Date: 1-Oct-1998
Country of Publication: United Kingdom
Books By Author Ross Garnaut
China's New Sources of Economic Growth: Reform, Resources and Climate Change - Volume 1, Paperback (July 2016)
Dog Days, Paperback (October 2013)
After the resources boom, where is Australia heading? Australians have just lived through a period of exceptional prosperity, but we can no longer assume that living standards will inevitably keep rising. Commodity prices are dropping and the boom is set to end. Are we ready for the challenges ahead?
Garnaut Review 2011, Paperback (June 2011)
Professor Ross Garnaut explains why Australia's contribution is vital to the national interest and matters to the global effort.
Great Crash of 2008, Paperback (October 2009)» View all books by Ross Garnaut
The great crash of 2008 was one that no one saw coming, or, if they did, they ignored the warning signs. This title takes us through the boom and the global imbalances that led to the bust. It presents a whole-world view of reasons for the downturn, from good, old-fashioned greed and rampant speculation, to the imbalances in global capital flows.
UK Kirkus Review » The Asian Crisis is not a single crisis, but rather a series of inter-related crises that are very different in detail. Many books have appeared to trace the causes and recount the events responsible but, for the first time, McLeod and Garnaut, from the Australian National University, have brought together some of the world's leading experts on Asian economies for a more useful, technical and analytical overview to draw general lessons from the crisis. This book includes case-studies of 13 countries (from Thailand to Australia) in the Asian region, describing how the crisis developed and affected them, and how their governments have responded. Further chapters analyze the causes, the management of such crises, the preventive measures against future crises and the likely implications for on-going deregulatory and other economic reforms. A particularly nice perspective to the book is the comparison with countries which have not experienced crisis. This book contains the right amount of technicality so that, while informative, it does not read like a dry textbook, and should appeal to a wide audience including economists, business managers and policymakers. (Kirkus UK)
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