The Asian financial crisis of 1997-98 shook the foundations of the global economy. What began as a localised currency … fundamental ways did the Asian crisis serve as a catalyst to the current thinking about the 'new international financial … crisis soon engulfed the entire Asian region. What went wrong and how did the Asian economies, long considered 'miracles …

We analyse the volatility structure of Asian currencies against the U.S. dollar (USD) for the Thai Baht THB, the … volatility dynamics have changed in a K-state switching AR(1)-GARCH(1,1) model in the last decade 1995-2008 covering the Asian … dynamics has changed at least once. -- Markov switching GARCH models ; Asian currency crisis 1997 ; volatility breaks …

answer this by examining both the trade and financial channels of crisis transmission. The impact on developing Asia will … fall primarily on trade but there are also significant effects on the region's financial systems, especially its banking …

historical background of the Korean Employment Insurance System and the change of labor policies from the 1998 Asian financial …This paper analyzes the impacts of the 1998 and 2008 financial crises on the Korean labor market. They study the … crisis to the current 2008 global financial crisis. While it is arguable to say that the expansion of the social welfare …

It has taken two crises—the Asian financial crisis of 1997-1998 and the global financial crisis of 2007-2009â …€”for the international community to seriously focus on the reform of the international financial architecture for crisis … prevention, management and resolution. Facing the global financial crisis, the international community has responded by making …