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It is interesting to note that after two years of recession in East Asia, almost all the countries in this region are … rising again. In the wake of that sudden onslaught on the economies of East Asia, many new questions have come to the fore … resolving the crisis? Why is East Asia rising again after the two-year recession?. The editors of this volume organized a …
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The goal of this paper is to provide stylized facts on recovery from economic downturns and to evaluate the role of macroeconomic policies in promoting recovery. In particular, we examine gross domestic product (GDP) recessions and financial downturns (credit contractions and stock price...
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rebalancing has special significance for Asia. While India, like other Asian economies, suffered only an indirect impact from the …
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financial crisis on Asian economies and the implications of post-crisis adjustment in emerging East Asia (EEA) for the world …
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This paper reviews recent state interventions in financial crises and draws lessons for crisis management. A number of areas are identified where crisis management could be strengthened, including with regard to the tools and instruments used to involve the private sector in crisis resolution...
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