Lessons from the Asian crisis

Journal of International Money and Finance

Volumn 18, Issue 4, 1999, Pages 709-723

  Mishkin, Frederic S ^a,b  

^a Och Spine at New York Presbyterian Hospitals   (United States)

^b NATIONAL BUREAU OF ECONOMIC RESEARCH   (United States)

Author keywords

Asia; Banking; Capital controls; E5; F3; Financial crisis; G2; Lender of last resort

Indexed keywords

EID: 0033174005     PISSN: 02615606     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0261-5606(99)00020-0     Document Type: Article

References (19)

1. Calvo G.A., Leiderman L., Reinhart C.M. The capital inflows problem: concepts and issues. Contemporary Economic Policy. 12:1994;54-66.
2. Corsetti, G., Pesenti, P., Roubini, R., 1998. What caused the Asian currency and financial crisis? Parts I and II. NBER Working Papers, Nos. 6833 and 6844.
3. Diaz-Alejandro C. Good-bye financial repression, hello financial crash. Journal of Development Economics. 19:1985;1-24.
4. Folkerts-Landau, D., Schinasi, G.J., Cassard, M., Ng, V.K., Reinhart, C.M., Spencer, M.G., 1995. Effect of capital flows on the domestic financial sectors in APEC developing countries. In: Khan, M.S., Reinhart, C.M. (Eds.), Capital Flows in the APEC Region. International Monetary Fund, Washington, DC, pp. 31-57.
5. Gavin, M., Hausman, R., 1996. The roots of banking crises: the macroeconomic context. In: Hausman R., Rojas-Suarez, L. (Eds.), Banking Crises in Latin America. Interamerican Development Bank and Johns Hopkins University Press, Baltimore, pp. 27-63.
6. Goldstein, M., 1998. The Asian financial crisis. Institute for International Economics, Washington, DC.
7. Kamin S.B. The current international financial crisis: how much is new? Journal of International Money and Finance. 18:1999;501-514.
8. Kaminsky, G.L., Reinhart, C.M. 1996. The twin crises: the causes of banking and balance-of-payments problems. Board of Governors of the Federal Reserve System. International Finance Discussion Papers No. 544.
9. Kaminsky, G.L., Lizondo, S., Reinhart, C.M., 1997. Leading indicators of currency crises. International Monetary Fund Working Paper WP/97/79.
10. Kane, E.J., 1989. The S and L Insurance Mess: How Did It Happen? Urban Institute Press. Washington, DC.
11. Krugman, P., 1998. What happened to Asia? MIT mimeo.
12. Mishkin, F.S., 1991. Asymmetric information and financial crises: a historical perspective. In: Hubbard, R.G. (Ed.), Financial Markets and Financial Crises. University of Chicago Press, Chicago, pp. 69-108.
13. Mishkin, F.S., 1996a. Understanding financial crises: a developing country perspective. In: Bruno M., Pleskovic, B. (Eds.), Annual World Bank Conference on Development Economics 1996. World Bank, Washington DC, pp. 29-62.
14. Mishkin, F.S., 1997. The causes and propagation of financial instability: lessons for policymakers. In: Hakkio, C. (Ed.), Maintaining Financial Stability in a Global Economy. Federal Reserve Bank of Kansas City, Kansas City, pp. 55-96.
15. Mishkin F.S. The dangers of exchange-rate pegging in emerging market countries. International Finance. 1(1):1998;81-102.
16. Mishkin, F.S., 1998b. Financial market reform. In: Krueger, A. (Ed.), Economic Policy Reform: What We Know and What We Need to Know. University of Chicago Press, Chicago, forthcoming.
17. Obstfeld M., Rogoff K. The mirage of fixed exchange rates. Journal of Economic Perspectives. 9(4):1995;73-96.
18. Radelet, S., Sachs, J., 1998. The onset of the East Asian crisis. Paper presented at the National Bureau of Economic Research's Conference on Currency Crises, 6-7 February.
19. World Bank, 1998. Global Economic Prospects, 1998. Washington, DC.