Different experiences of Asian emerging‐market economies in the two major financial crises

This paper studies 10 Asian economies' experiences during two episodes of financial crises in 1997–08 and 2007–09. Our analysis of five crisis‐hit Asian countries shows that overinvestment via credit expansion and foreign financing has an adverse effect on banking sectors while income inequalit...

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Veröffentlicht in:International journal of finance and economics 2024-07, Vol.29 (3), p.3286-3308
Hauptverfasser: Gu, Xinhua, Lei, Chun Kwok, Zhao, Qingbin, Liu, Nian
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Sprache:eng
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