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00930pab a2200157 454500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
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180718b1999 xxu||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
| Personal name |
Sen, Sunanda |
| 245 ## - TITLE STATEMENT |
| Title |
Economic turmoil in Asia: a reinterpretation |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. |
| Date of publication, distribution, etc. |
1999 |
| 300 ## - PHYSICAL DESCRIPTION |
| Extent |
p.2071-080 |
| 362 ## - DATES OF PUBLICATION AND/OR SEQUENTIAL DESIGNATION |
| Dates of publication and/or sequential designation |
24 Jul |
| 520 ## - SUMMARY, ETC. |
| Summary, etc. |
Most analyses of the recent south-east Asian crisis focus on non-performing fundamentals or on self-fulfilling panics in the financial sector. This article traces the crisis to real sector deceleration, which was apparent a year before the crisis; and to the built-in instabilities in the deregulated financial system. As credit flows continued in spite of real sector slow-down, the system became vulnerable to sudden collapse in asset prices. Corrective measures by monetary authorities failed in deregulated financial markets. - Reproduced |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Topical term or geographic name entry element |
Economic recession |
| 773 ## - HOST ITEM ENTRY |
| Main entry heading |
Economic and Political Weekly |
| 909 ## - |
| -- |
41804 |