The Asian crisis turns global
MONTES Manuel F
The Asian crisis turns global - Singapore: ISEAS, 1999 - 123p.
The Asian currency crisis that started in mid-1997 developed into a global financial crisis by 1998, with the devaluation of the rouble and the Russian government's default on its internal debt. Countries that have fallen victim to the crisis shared a common characteristic; international investors had poured money into their stock markets - in East Asia, Latin America, Russia, and Eastern Europe. This analysis stresses the importance of this international dimension but also identifies the important differences in domestic causes.
9812300503 (pbk.): 25.90 $S
ASIA--ECONOMIC CRISIS
CAPITAL MARKETS
ECONOMIC CRISIS
RUSSIA--ECONOMIC CRISES
The Asian crisis turns global - Singapore: ISEAS, 1999 - 123p.
The Asian currency crisis that started in mid-1997 developed into a global financial crisis by 1998, with the devaluation of the rouble and the Russian government's default on its internal debt. Countries that have fallen victim to the crisis shared a common characteristic; international investors had poured money into their stock markets - in East Asia, Latin America, Russia, and Eastern Europe. This analysis stresses the importance of this international dimension but also identifies the important differences in domestic causes.
9812300503 (pbk.): 25.90 $S
ASIA--ECONOMIC CRISIS
CAPITAL MARKETS
ECONOMIC CRISIS
RUSSIA--ECONOMIC CRISES