As Asia Slows, Old Problems Resurface. / Michael Zielenziger.
by Zielenziger, Michael; Root, Hilton L; SIRS Publishing, Inc.
Material type:
BookSeries: SIRS Enduring Issues 2002Article 1Business. Publisher: Knight-Ridder, 2001; Foreign Affairs, 2001ISSN: 1522-3191;.Subject(s): Financial crises -- Asia | Asia -- Commerce | Asia -- Economic conditionsDDC classification: 050 Summary: AS ASIA SLOWS, OLD PROBLEMS RESURFACE -- "Across Asia, the dark headlines are alarmingly familiar: plunging stock markets, sluggish exports and the return of bad loans plaguing the region's banks. Local currencies are crumpling. As a new millennium [2001] dawns over Asia, the region seems poised to produce an unsettling sequel to that singularly bad movie of 1997: Asia Financial Crisis Part II." (MIAMI HERALD) This article examines Asia's current economic state and compares it to their 1997 financial recession.Summary: ASIA'S BAD OLD WAYS -- "Having rebounded more quickly than expected from the financial crises of 1997, East and Southeast Asian governments today [2001] appear to be models of fiscal responsibility. South Korea has won praise for its timely delivery of financial information to the public; Thailand has introduced tougher bankruptcy laws; Indonesia has taken steps to clean up bad loans and recapitalize its banking system. Yet despite such accomplishments and a remarkable revival of GDP growth in these Asian countries, many Western critics warn that the progress has been too slow and that the underlying weaknesses that led to the crisis remain." (FOREIGN AFFAIRS) This article examines Asia's economic future.
| Item type | Current location | Call number | Status | Date due |
|---|---|---|---|---|
Books
|
High School - old - to delete | SIRS BUS2 1 (Browse shelf) | Available |
This MARC record contains two articles.
Articles Contained in SIRS Enduring Issues 2002.
Originally Published: As Asia Slows, Old Problems Resurface, Jan. 4, 2001; pp. 8C.
AS ASIA SLOWS, OLD PROBLEMS RESURFACE -- "Across Asia, the dark headlines are alarmingly familiar: plunging stock markets, sluggish exports and the return of bad loans plaguing the region's banks. Local currencies are crumpling. As a new millennium [2001] dawns over Asia, the region seems poised to produce an unsettling sequel to that singularly bad movie of 1997: Asia Financial Crisis Part II." (MIAMI HERALD) This article examines Asia's current economic state and compares it to their 1997 financial recession.
ASIA'S BAD OLD WAYS -- "Having rebounded more quickly than expected from the financial crises of 1997, East and Southeast Asian governments today [2001] appear to be models of fiscal responsibility. South Korea has won praise for its timely delivery of financial information to the public; Thailand has introduced tougher bankruptcy laws; Indonesia has taken steps to clean up bad loans and recapitalize its banking system. Yet despite such accomplishments and a remarkable revival of GDP growth in these Asian countries, many Western critics warn that the progress has been too slow and that the underlying weaknesses that led to the crisis remain." (FOREIGN AFFAIRS) This article examines Asia's economic future.
Records created from non-MARC resource.
There are no comments for this item.