The Performance of East Asian Economies and Financial Markets since the 1997 Financial Crisis

The Performance of East Asian Economies and Financial Markets since the 1997 Financial Crisis

This paper documents the economic and financial recovery of East Asia based on its real GDP, export, currency value and stock performance since the 1997 financial crisis. A macroeconomic model is used to estimate the chain effect of international trade on Asian recovery. It is found that the U.S. ec...

Full description

Saved in:
Bibliographic Details
Main Authors: WU, Chunchi, CHEN, Chun-nan, HE, Yan
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2003
Subjects:
Asian financial crisis
contagion
recovery
Asian Studies
Business
Finance and Financial Management
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/835
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Singapore Management University
Language: English
id sg-smu-ink.lkcsb_research-1834
record_format dspace
spelling sg-smu-ink.lkcsb_research-18342018-09-04T06:13:56Z The Performance of East Asian Economies and Financial Markets since the 1997 Financial Crisis WU, Chunchi CHEN, Chun-nan HE, Yan This paper documents the economic and financial recovery of East Asia based on its real GDP, export, currency value and stock performance since the 1997 financial crisis. A macroeconomic model is used to estimate the chain effect of international trade on Asian recovery. It is found that the U.S. economy had a significant impact on the recovery of this region through close international trade relationship. Two major factors appear to explain the recent rapid recovery: (1) strong U.S. economic growth and currency value, and (2) the current account surplus and net inflow in foreign direct investment of crisis-hit countries. 2003-06-01T07:00:00Z text https://ink.library.smu.edu.sg/lkcsb_research/835 info:doi/10.1142/S021909150300102X Research Collection Lee Kong Chian School Of Business eng Institutional Knowledge at Singapore Management University Asian financial crisis contagion recovery Asian Studies Business Finance and Financial Management
institution Singapore Management University
building SMU Libraries
continent Asia
country Singapore
Singapore
content_provider SMU Libraries
collection InK@SMU
language English
topic Asian financial crisis
contagion
recovery
Asian Studies
Business
Finance and Financial Management
spellingShingle Asian financial crisis
contagion
recovery
Asian Studies
Business
Finance and Financial Management
WU, Chunchi
CHEN, Chun-nan
HE, Yan
The Performance of East Asian Economies and Financial Markets since the 1997 Financial Crisis
description This paper documents the economic and financial recovery of East Asia based on its real GDP, export, currency value and stock performance since the 1997 financial crisis. A macroeconomic model is used to estimate the chain effect of international trade on Asian recovery. It is found that the U.S. economy had a significant impact on the recovery of this region through close international trade relationship. Two major factors appear to explain the recent rapid recovery: (1) strong U.S. economic growth and currency value, and (2) the current account surplus and net inflow in foreign direct investment of crisis-hit countries.
format text
author WU, Chunchi
CHEN, Chun-nan
HE, Yan
author_facet WU, Chunchi
CHEN, Chun-nan
HE, Yan
author_sort WU, Chunchi
title The Performance of East Asian Economies and Financial Markets since the 1997 Financial Crisis
title_short The Performance of East Asian Economies and Financial Markets since the 1997 Financial Crisis
title_full The Performance of East Asian Economies and Financial Markets since the 1997 Financial Crisis
title_fullStr The Performance of East Asian Economies and Financial Markets since the 1997 Financial Crisis
title_full_unstemmed The Performance of East Asian Economies and Financial Markets since the 1997 Financial Crisis
title_sort performance of east asian economies and financial markets since the 1997 financial crisis
publisher Institutional Knowledge at Singapore Management University
publishDate 2003
url https://ink.library.smu.edu.sg/lkcsb_research/835
_version_ 1770569711912747008

Similar Items