Department

Economics, Finance and Quantitative Analysis

Document Type

Article

Publication Date

Fall 2002

Abstract

Park examines the causes of the Asian financial crisis and draws some lessons and implications for a series of issues, which may be of particular relevance to the Third World developing countries. These issues include: the appropriate role of the International Monetary Fund as an international agency in charge of helping member countries to maintain financial stability; the choice of an appropriate exchange rate regime and use of restrictions on private capital flows in the face of rising globalization; and the debate on the East Asian model of economic development.

Journal Title

Journal of Third World Studies

Journal ISSN

8755-3449

Volume

19

Issue

2

First Page

141

Last Page

164

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