The East Asian Crisis : Macroeconomic Developments and Policy Lessons /

This paper reviews macroeconomic developments during the first year of the crisis in east Asia and draws some preliminary policy lessons. The crisis is rooted in the interaction of large capital inflows and weak private and public sector governance. At the same time, macroeconomic adjustment in thes...

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Bibliographic Details
Main Author: Kochhar, Kalpana
Other Authors: Loungani, Prakash, Stone, Mark
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1998.
Series:IMF Working Papers; Working Paper ; No. 1998/128
Online Access:Full text available on IMF