Book Review: Two Crises, Different Outcomes: East Asia and Global Finance
Part of the series: Cornell Studies in Political Economy (Series Editor: Peter J. Katzenstein) Editors: T.J. Pempel, and Keiichi Tsunekawa Publisher: Cornell University Press – 267 pages Book Review by: Sonu Chandiram The 1997 ‘Asian Financial Crisis’ should have really been called the 1997-1998 Fareastern Asian Financial Crisis, as you will note from reading the sixth paragraph below. It is interesting to note that, according to the International Monetary Fund, China’s growth of its gross domestic product was a total of nearly 238 percent in 24 years from 1990 to 2013. That works out to an impressive average annual...
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