The rise and fall of South-east Asia's economy

Ecologist

Volumn 28, Issue 1, 1998, Pages 9-17

  Bello, Walden ^a,b  

^a UNIVERSITY OF THE PHILIPPINES   (Philippines)

^b CHULALONGKORN UNIVERSITY   (Thailand)

Author keywords

[No Author keywords available]

Indexed keywords

DEVELOPING REGION; DEVELOPMENT STRATEGY; ECONOMIC CRISIS;

EID: 0031778878     PISSN: 02613131     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article

References (39)

1. Margarita Debuque, "Economic Weakness Lures Speculators", Philippine Daily Inquirer, Sept. 22, 1997.
2. "Blaming Soros is No Solution to Currency Woes", The Nation (Bangkok), July 1997.
3. "Time for Less Hectic Growth", Business Times (Singapore), August 20, 1997.
4. Figures from Japan Ministry of Finance.
5. Thailand Development Research Institute (TDRI), Thailand's Economic Structure, Summary Report.
6. Figures from Japan Ministry of Finance.
7. Estimates in Christopher Johnstone and Atushi Yamakoshi, "Strength Without Dominance: Japanese Investment in Southeast Asia", JEI Economic Report, No.19A, May 16, 1997, p.3.
8. Ibid., pp.5-6.
9. Figures from Japanese Ministry of Finance.
10. Min Tang and James Villafuerte Capital Flows to Asian and Pacific Developing Countries: Recent Trends and Finance Prospects (Manila: Asian Development Bank, 1995), p.10.
11. "A Ride on the Rollercoaster", Financial Times, July 12, 1997.
12. William Greider, One World, Ready or Not: The Manic Logic of Global Capitalism (New York: Simon and Schuster, 1997), p.260.
13. Op. cit. 10, p.15.
14. HG Asia, Communique: Philippines ("Philippine Figures Hide a Thing or Two") (Hong Kong: HG Asia, Dec. 1996). (Internet version.)
15. Op. cit. 10, p.11.
16. Ibid., pp.3,22.
17. The BIBF was a system in which local as well as foreign banks were allowed to engage in offshore and selected onshore banking activities. BIBF licensees were allowed to accept deposits in foreign currencies and to lend in foreign currencies, both to residente and to non-residents and for both domestic and foreign investment.
18. World Development Report, 1996. Quoted in Jayati Ghosh, Abhijit Sen, and C.P Chandrasekar, "Southeast Asian Economies: Miracle or Meltdown?" Economic and Political Weekly. Oct. 12-19, 1996, 2779
19. World Development Report, 1996. Quoted in Jayati Ghosh, Abhijit Sen, and C.P Chandrasekar, "Southeast Asian Economies: Miracle or Meltdown?" Economic and Political Weekly. Oct. 12-19, 1996, 2779
20. Quoted in Robert Chote, "Thai Crisis Highlights Lessons of Mexico", Survey, Financial Times, Sept. 19, 1997, p. 16.
21. "Thais Market Triumph", Asiamoney, May 1995, p.16.
22. Ed Paisley, "Asia's Property Perils", Institutional Investor, January 1996, p.61.
23. Ibid.
24. Jayati Ghosh et al., p.2780.
25. HG Asia, Communique: Thailand ("Thailand - Worth a Nibble Perhaps but not a Bite") (Hong Kong: HG Asia, 1996). (Internet version.)
26. Gill Baker, "Why the Big Mango Stayed on the Tree", Euromoney, Dec. 1996, p.63.
27. Vatchara Charoonsantikul and Thanong Khanton, "Devaluation Seen as No Quick Fix for Economy", The Nation, May 6, 1997, p. 1.
28. Soonruth Bunyamanee and Chiratas Nivatpumin, "Counting the Cost of Defending the Baht", Bangkok Post, Sept. 1, 1997, p.5.
29. Hadi Soesastro, "The Economy: A General Review," in Colin Barlow and Joan Hardjono, Indonesia Assessment 1995 (Singapore: Institute of Southeast Asian Studies, 1996), p.33.
30. "Malaysian Asian Malaise", Asiaweek, Sept. 19. 1997: Bernhard Eschweiler and Sin Beng Ong. "Who Will be the Next Thailand?", Asian Wall Street Journal, August 21, 1997.
31. "Malaysian Asian Malaise", Asiaweek, Sept. 19. 1997: Bernhard Eschweiler and Sin Beng Ong. "Who Will be the Next Thailand?", Asian Wall Street Journal, August 21, 1997.
32. Ibid.
33. Ibid.; also, HG Asia, Communique: Malaysia (" A Few More Hurdles to Cross in Malaysia") (Hong Kong: HG Asia, 1997). (Internet)
34. Ibid.; also, HG Asia, Communique: Malaysia (" A Few More Hurdles to Cross in Malaysia") (Hong Kong: HG Asia, 1997). (Internet)
35. "A Race for the Sky in Asia's Cities". Sponsored section, International Herald Tribune, Oct. 6, 1997.
36. Eddit Toh, "Dr. M Needs Long Term Plans to Win Foreign Players Back", Business Times, April 8, 1997.
37. For an account of the dynamics of the trade conflict, see Waiden Bello and Joy Chavez-Malaluan, eds., APEC: Four Adjectives in Search of a Noun (Manila: Manila People's Forum on APEC, 1996).
38. Stanley Fischer, "Capital Account Liberalization and the Role of the IMF", paper presented at the "Asia and the IMF Seminar", Hong Kong, Sept. 19, 1997, p.4.
39. Op. cit. 12, p.257