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ISBN: 0815713991Издательство: Brookings Institution Press
In this timely volume, leading development economists examine four principal emergent economies in East Asia and compare their experiences during the financial crises of 1997-98. In comparing the causes and results of economic meltdowns in Indonesia, Korea, Taiwan, and Thailand, the book offers policy-relevant analysis and recommendations for avoiding similar debacles in the future, including pragmatic advice for other emergent economies. Of particular interest is an entire section that explains how Taiwan's economy was able to weather the worst of the storm.