The Asian Financial Crisis And US Subprime Mortgage Crisis
Unit 1 - Asian Financial Crisis
currency crisis stock market crisis banking crisis
1. Excessive investment finance by excessive external savings
2. Excess investment causes inflation rate increase
3. Excess external investment causes enemployment
Factors affected by excessive external investment
2. Increase financial linkage within asian region
3. Financial liberalization
4. Weakness in accounting system and disclosure rule
1. Trade linkage
Malaysia response to the crisis
1. monetary policy response 2. fiscal policy response 3. capital control 4. danaharta , danamodal and corporate debt restructuring committee.
Describe here the main requirements for student homework.