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01455cas a2200193 a 4500 |
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AALejournalIMF004767 |
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230101c9999 xx r poo 0 0eng d |
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|z 9781451965476
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| 040 |
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|a BD-DhAAL
|c BD-DhAAL
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|a International Monetary Fund.
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|a Asian Financial crises :
|b Origins, implications and solutions.
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| 264 |
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2001.
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| 300 |
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|a 1 online resource (542 pages)
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This paper analyzes the origins, implications, and solutions for the Asian financial crisis. From the perspective of a member of the Executive Board of the IMF, as Asian problems were building, the IMF overlooked weaknesses in bank and corporate balance sheets in much of Asia: the IMF was unaware of the extraordinary leverage of Korean companies, which in some cases reached a ratio of 600/1 debt to equity. The IMF did not focus on the weak accounting and disclosure practices of banks and nonbanks or generous rollovers of banks to their key clients.
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| 538 |
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|a Mode of access: Internet
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|z Full text available on IMF
|u http://elibrary.imf.org/view/books/071/00419-9781451965476-en/00419-9781451965476-en-book.xml
|z IMF e-Library
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