The East Asian Economic Crisis: A Discussion

Generally, the ASEAN and other East Asian countries are currently facing a severe economic crisis. It started with a currency crisis across the region triggered when the Thai baht had to be floated on 2 July 1997. It later developed into a stock market crisis and financial crisis, culminating in...

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Main Author: Ibrahim, Shamsulkamal
Format: Thesis
Language:English
English
Published: 1998
Subjects:
Online Access:http://psasir.upm.edu.my/id/eprint/8116/1/GSM_1998_29_.pdf
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spelling my-upm-ir.81162023-12-08T02:10:35Z The East Asian Economic Crisis: A Discussion 1998-09 Ibrahim, Shamsulkamal Generally, the ASEAN and other East Asian countries are currently facing a severe economic crisis. It started with a currency crisis across the region triggered when the Thai baht had to be floated on 2 July 1997. It later developed into a stock market crisis and financial crisis, culminating in a full blown economic crisis. The possible causes underlying the crisis revolve around the attitude towards risks and debts, unhealthy practices, and rapid movement of capital with the advent of globalisation. The effects of the crisis generally touches the issues of economic growth, credit crunch, decreasing wealth, unemployment, debt burden, political and social repercussions, and ultimately, uncertainty about the future. The various governments, some with the help of the International Monetary Fund, are taking several measures to overcome the crisis, although some with questionable effectiveness. Nevertheless, looking forward, measures must also be taken to try to prevent and mitigate, even if only partially, such crisis in the future. Financial crises - East Asia - Case studies Financial crises - Southeast Asia East Asia - Economic conditions 1998-09 Thesis http://psasir.upm.edu.my/id/eprint/8116/ http://psasir.upm.edu.my/id/eprint/8116/1/GSM_1998_29_.pdf text en public masters Universiti Putra Malaysia Financial crises - East Asia - Case studies Financial crises - Southeast Asia East Asia - Economic conditions Graduate School of Management Mohammad, Shamsher English
institution Universiti Putra Malaysia
collection PSAS Institutional Repository
language English
English
advisor Mohammad, Shamsher
topic Financial crises - East Asia - Case studies
Financial crises - Southeast Asia
East Asia - Economic conditions
spellingShingle Financial crises - East Asia - Case studies
Financial crises - Southeast Asia
East Asia - Economic conditions
Ibrahim, Shamsulkamal
The East Asian Economic Crisis: A Discussion
description Generally, the ASEAN and other East Asian countries are currently facing a severe economic crisis. It started with a currency crisis across the region triggered when the Thai baht had to be floated on 2 July 1997. It later developed into a stock market crisis and financial crisis, culminating in a full blown economic crisis. The possible causes underlying the crisis revolve around the attitude towards risks and debts, unhealthy practices, and rapid movement of capital with the advent of globalisation. The effects of the crisis generally touches the issues of economic growth, credit crunch, decreasing wealth, unemployment, debt burden, political and social repercussions, and ultimately, uncertainty about the future. The various governments, some with the help of the International Monetary Fund, are taking several measures to overcome the crisis, although some with questionable effectiveness. Nevertheless, looking forward, measures must also be taken to try to prevent and mitigate, even if only partially, such crisis in the future.
format Thesis
qualification_level Master's degree
author Ibrahim, Shamsulkamal
author_facet Ibrahim, Shamsulkamal
author_sort Ibrahim, Shamsulkamal
title The East Asian Economic Crisis: A Discussion
title_short The East Asian Economic Crisis: A Discussion
title_full The East Asian Economic Crisis: A Discussion
title_fullStr The East Asian Economic Crisis: A Discussion
title_full_unstemmed The East Asian Economic Crisis: A Discussion
title_sort east asian economic crisis: a discussion
granting_institution Universiti Putra Malaysia
granting_department Graduate School of Management
publishDate 1998
url http://psasir.upm.edu.my/id/eprint/8116/1/GSM_1998_29_.pdf
_version_ 1794018719212503040