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Still the Weakest Link: The Domestic Financial System and post‐1998 Recovery in East Asia

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  • Ramkishen S. Rajan
  • Graham Bird

Abstract

To what extent and within what timeframe did countries in East Asia recover from the 1997‐8 financial crisis, and, if there has been a recovery, can it be sustained? Drawing on the available evidence, this article attempts to answer these questions. By implication, however, it also has something to say about the vulnerability of the region to subsequent crises and briefly considers what needs to be done to reduce this.

Suggested Citation

  • Ramkishen S. Rajan & Graham Bird, 2001. "Still the Weakest Link: The Domestic Financial System and post‐1998 Recovery in East Asia," Development Policy Review, Overseas Development Institute, vol. 19(3), pages 355-366, September.
    • Handle: RePEc:bla:devpol:v:19:y:2001:i:3:p:355-366
    DOI: 10.1111/1467-7679.00139
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    Cited by:

    1. Zoltán J. Ács & Erkko Autio & László Szerb, 2015. "National Systems of Entrepreneurship: Measurement issues and policy implications," Chapters, in: Global Entrepreneurship, Institutions and Incentives, chapter 28, pages 523-541, Edward Elgar Publishing.
    2. repec:ces:ifodic:v:7:y:2009:i:3:p:14567066 is not listed on IDEAS
    3. Graham Bird & Ramkishen Rajan, 2002. "The Evolving Asian Financial Architecture," Centre for International Economic Studies Working Papers 2002-03, University of Adelaide, Centre for International Economic Studies.

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