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

• 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
• Institution: Singapore Management University

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...