IN SEARCH OF THE MARKET FAILURE IN THE ASIAN CRISIS

IN SEARCH OF THE MARKET FAILURE IN THE ASIAN CRISIS

The private sector's inadequate country risk analysis is at the heart of the crisis. This led to high-risk cross-border lending and investment in the region as the market lacked the information it required to function properly.

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Bibliographische Detailangaben
Veröffentlicht in:The Fletcher forum of world affairs 1999-01, Vol.23 (1), p.131-143
Hauptverfasser: KARACADAG, CEM, SAMUELS, BARBARA C.
Format: Artikel
Sprache:eng
Schlagworte:
Asia
Crisis
Economic Policy
Finance
Market
Special Features
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Beschreibung
Zusammenfassung:The private sector's inadequate country risk analysis is at the heart of the crisis. This led to high-risk cross-border lending and investment in the region as the market lacked the information it required to function properly.
ISSN:1046-1868