Nearly ten years after the Asian Financial Crisis, financial
turmoil has reappeared a this time it is ravaging the world's
wealthiest countries and dragging the global economy along for the
ride. It forces one to reflect on the last major financial crisis
to afflict the global economy, and to consider whether there are
any similarities, and whether there are any lessons from that
crisis that we can apply to the current one.
Written by a distinguished group of individuals from government,
the private sector, international organizations, and academia, this
book provides an overview of developments in the main affected
countries during the Asian Financial Crisis, as well as the lessons
learned and corrective measures taken at the country, regional, and
international levels. Importantly, attention is also paid to the
areas where substantial improvements are needed. The current crisis
heightens the relevance of these lessons.
Lessons from the Asian Financial Crisis will be invaluable to
those studying international relations, international finance,
international economics and East Asian studies.
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