Unchained Melody: Economic performance after the Asian crisis

Beja, Edsel Jr. (2007): Unchained Melody: Economic performance after the Asian crisis.

Abstract

Indonesia, Malaysia, Philippines, South Korea, and Thailand have not recouped their losses from the 1997 Asian Crisis. Unless their economic performances better than the recent trends, another economic miracle story is needed to reclaim past economic standings. Unless economic policies move in a positive direction – taking up the useful strategies in the past but also putting in new components for the current challenges – economic progress is limited and punctuated by crises.

• Item Type: MPRA Paper
• Institution: Ateneo de Manila University
• Language: English
• Keywords: Asian Crisis; Indonesia; Malaysia; Philippines; South Korea; Thailand
• Subjects: O - Economic Development, Innovation, Technological Change, and Growth > O5 - Economywide Country Studies > O50 - General; N - Economic History > N1 - Macroeconomics and Monetary Economics ; Industrial Structure ; Growth ; Fluctuations > N10 - General, International, or Comparative

References

Asian Development Bank [ADB] (2007). Asian Development Outlook 2007, Manila: Asian Development Bank.

Beja Jr., Edsel (2007). “The Tenth Anniversary of the Asian Crisis: A Retrospective on East Asian Economic Performance,” Challenge, 50(5), September/October

Burton, David and Alessandro Zanello (2007). “Asia Ten Years After,” Finance & Development, 44(2), June

Ito, Takatoshi, Akira Kojima, Colin McKenzie and Shujiro Urata (2007). “Ten Years After the Asian Crisis: What Have We Learned or Not Learned,” Asian Economic Policy Review, Special Issue, 2(1): 1-168

Rubin, Robert and Jacob Weisberg (2003). In an Uncertain World: Tough Choices from Wall Street to Washington, New York: Random House

United Nations Economic and Social Council for Asia and the Pacific [UN ESCAP] (2007). Economic and Social Survey of Asia and the Pacific 2007, Bangkok: United Nations Economic and Social Council for Asia and the Pacific.

World Bank (2007). 10 Years After the Crisis. Regional Update, Washington, DC: World Bank.