The 90s' Currency Crises
Lessons for the Financial Landscape
Inhaltsangabe:Abstract: When on June 2nd 1997 Thailand devalued its currency, the stage was set was the most severe and virulent currency crisis of that decade. The sudden reversal of capital flows depleted economic wealth and social cohesion in many East Asian countries, hitherto perveived to belong to the Asian Miracle. Shockwaves of the crisis were felt in most emerging markets, even those outside the region, and reached mature markets when, for instance, the hedge fund Long-Term Capital Management nearly collapsed. In face of these enormous costs, this paper analyses the possibilities and boundaries of attempts to either reduce the likeli…
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Produktdetails
- ISBN: 978-3-8386-2430-3
- EAN: 9783838624303
- Produktnummer: 15878684
- Verlag: diplom.de
- Sprache: Englisch
- Erscheinungsjahr: 2000
- Seitenangabe: 92 S.
- Masse: H21.0 cm x B14.8 cm x D0.6 cm 145 g
- Abbildungen: Paperback
- Gewicht: 145
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