Financial Sector Crisis and Restructuring: Lessons from Asia: Lessons from Asia
January 21, 2000
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This paper reviews the policy responses of Indonesia, Korea, and Thailand to the Asian crisis that erupted in 1997 and compares the actions of these three countries with those of Malaysia and the Philippines, which were buffeted by the crisis. Although work is still under way in all the affected countries, and thus any judgements are necessarily tentative, important lessons can be learned from the various experience of the last two years.
Subject: Asset and liability management, Asset management companies, Bank resolution, Banking, Blanket guarantee, Commercial banks, Credit, Economic sectors, Financial crises, Financial institutions, Financial sector
Keywords: Asia and Pacific, asset, Asset management companies, bank, bank assets, bank governance, Bank resolution, Blanket guarantee, Central Asia, Commercial banks, country, disclosure requirement, Financial sector, Global, government, liquidity support, loan, OP, recapitalization effort
Pages:
112
Volume:
2000
DOI:
Issue:
003
Series:
Occasional Paper No. 2000/003
Stock No:
S188EA0000000
ISBN:
9781557758712
ISSN:
0251-6365
