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IMF and the Asian Financial Crisis

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  • Peter G Zhang

Abstract

The International Monetary Fund (IMF) features prominently in today's media. Its visible and contentious involvement in the Asian crisis have attracted inordinate media attention both good and bad. On one end of the scale, it has been portrayed as an institutionalized financial messiah, whose mere presence is able to resurrect emaciated economies and restore the public's confidence. However, at the same time it is also regarded as a Western-dominated financial bludgeon whose measures are aimed to break open developing economies for foreign pickings.

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Suggested Citation

  • Peter G Zhang (ed.), 1998. "IMF and the Asian Financial Crisis," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number 3930, August.
    • Handle: RePEc:wsi:wsbook:3930
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    File URL: https://www.worldscientific.com/worldscibooks/10.1142/3930
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    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G1 - Financial Economics - - General Financial Markets
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy

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