The Asian Financial Crisis

By S. Rashid. 2000

168 citations recorded by the source corpus.

Subfields: Finance

View Paper: https://www.semanticscholar.org/paper/83ec633c11a4e4c085d9c52cac5af73de50cac54

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Citations in the corpus

Sustainable Regimes of Capital Movements in Accession Countries (2003, background): “Lessons From the Crises of the Last Decade 9 The Asian crisis The Asian crisis of 1997–8 has been described in similar terms (see, for example, Goldstein, 1998).”
Banking Crises in Emerging Markets: Presumptions and Evidence (2000, background): “A rival interpretation, that financial stability is threatened by external liberalization prior to domestic financial decontrol and the removal of implicit guarantees -- the Goldstein (1998)-Dooley (2000) interpretation of the Asian crisis -- receives little support.”
Liberalization, Moral Hazard in Banking and Prudential Regulation: Are Capital Requirements Enough? (2000, unknown): “and Daniela Klingebiel, 1997; Klaus P. Fischer and Martin Chénard, 1997). Most observers agree that moral hazard plays an important role in these failures. Edward Kane (1989) and Rebel A.”
The Unholy Trinity of Financial Contagion (2003, background): “The so-called “wake-up call hypothesis” (a term coined by Morris Goldstein, 1998) relies on either investor irrationality or a fixed cost in acquiring information about emerging markets.”
Is the crisis problem growing more severe (2001, background): “…is a theme of the literature on the Asian crisis, in which it is argued that banks and corporates sheltered by the financial safety net and implicit exchange rate guarantees used the absence of controls to fund themselves offshore and lever up their bets (see inter alia Goldstein 1998).”
Adjusting China's Exchange Rate Policies (2004, background): “…on commercial bank loans, and to conduct wide-ranging 28 Rapid bank credit expansion was a prominent feature of the Asian financial crisis (see Goldstein 1998), as well as of many earlier banking crises (see Gavin and Hausmann 1996). sterilization operations to control the growth rate of…”
The coming of East and South-East Asian welfare states (2000, background): “Its social security system is still the least developed of all the East and South-east Asian countries included in this survey (cf. Lee, 1998).”
Capital Flows and Crises (2003, background): “The obvious answer is that their crucial blunder was failing to upgrade bank supervision and regulation when liberalizing their financial systems, a failure that left them unable to raise interest rates and mount a sustained defense of the currency (see, e.g., Goldstein 1998).”