Why Was Asia Resilient? : Lessons from the Past and for the Future /

Asia proved to be remarkably resilient in the face of the global financial crisis, but why was its output performance stronger than that of other regions? The paper shows that better initial conditions-in the form of lower external and financial vulnerabilities-contributed significantly to Asia'...

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Bibliographic Details
Main Author: Jeasakul, Phakawa
Other Authors: Lim, Cheng, Lundback, Erik
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2014.
Series:IMF Working Papers; Working Paper ; No. 2014/038
Online Access:Full text available on IMF

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