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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w6833 |
来源ID | Working Paper 6833 |
What Caused the Asian Currency and Financial Crisis? Part I: A Macroeconomic Overview | |
Giancarlo Corsetti; Paolo Pesenti; Nouriel Roubini | |
发表日期 | 1998-12-01 |
出版年 | 1998 |
语种 | 英语 |
摘要 | The paper explores the view that the Asian currency and financial crises in 1997 and 1998 reflected structural and policy distortions in the countries of the region, even if market overreaction and herding caused the plunge of exchange rates, asset prices, and economic activity to be more severe than warranted by the initial weak economic conditions. The first part of the paper provides an overview of economic fundamentals in Asia on the eve of the crisis, with emphasis on current account imbalances, quantity and quality of financial overlending,' banking problems, and composition, maturity and size of capital inflows. |
主题 | International Economics ; International Finance |
URL | https://www.nber.org/papers/w6833 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/564344 |
推荐引用方式 GB/T 7714 | Giancarlo Corsetti,Paolo Pesenti,Nouriel Roubini. What Caused the Asian Currency and Financial Crisis? Part I: A Macroeconomic Overview. 1998. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w6833.pdf(332KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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