The Asian Currency Crisis Cause and Effect Essay by cee-cee

The Asian Currency Crisis
A discussion of the causes of the 1997 Asian currency crisis..
# 110514 | 2,400 words | 10 sources | APA | 2008 | US


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Description:

The paper discusses the primary explanations for the 1997 Asian currency crisis and highlights the implications of that crisis for the Asian economic paradigm.

Outline:
1985 - Plaza Accord (Appreciation of Yet Against Dollar)
Liberalization (Bank of Japan, Foreign Loans)
Kieretsu - Export of Capital
End of Bubble Economy
Foreign Banks Lending Expands
1988 -Gsp Status Ends (4 Tigers Economy)
1994 - China: Devaluation of Currency
1995-96 -Mini-Recession, Debt Problem, Accumulation
1996-97 - Debt/ Foreign Exchange, Reserve Rations Deteriorate
1997 July 2nd - Currency Crisis Expands From Thailand into East
Aian Countries
Explanation of the Asian Crisis

Sample of Sources Used:

  • Banking System Developments in the Four Asian Tigers (1997) Economic Research and Data. Federal Reserve Bank of San Francisco. 8 Aug 1997. Online FRBSF Economic Letter. Available at: http://www.frbsf.org/econrsrch/wklyltr/el97-22.html
  • Barro, Robert J. (1998) The East Asian Tigers Have Plenty to Roar About. Economic Viewpoint Business Week 27 Apr 1998. Online available at: http://www.economics.harvard.edu/faculty/barro/files/bw98_04_27.pdf
  • Hughes, Christopher W. (1999) Japanese Policy and the East Asian Currency Crisis: Abject Defeat or Quiet Victory. 1999 February Online available at: http://www2.warwick.ac.uk/fac/soc/csgr/research/workingpapers/1999/wp2499.pdf
  • Hughes, Christopher W. (1999) Japanese Policy and the East Asian Currency Crisis: Abject Defeat or Quiet Victory. CSGR Working Paper No. 24/99. February 1999. Online available at: http://www2.warwick.ac.uk/fac/soc/csgr/research/workingpapers/1999/wp2499.pdf
  • Johnson, Chalmers (1998) Economic Crisis in East Asia: The Clash of Capitalism. Cambridge Journal of Economics 1998, 22.

Cite this Cause and Effect Essay:

APA Format

The Asian Currency Crisis (2008, December 25) Retrieved April 18, 2021, from https://www.academon.com/cause-and-effect-essay/the-asian-currency-crisis-110514/

MLA Format

"The Asian Currency Crisis" 25 December 2008. Web. 18 April. 2021. <https://www.academon.com/cause-and-effect-essay/the-asian-currency-crisis-110514/>

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