LEADER 05380nam 2200673 450 001 9910788908903321 005 20200520144314.0 010 $a0-88132-675-5 035 $a(CKB)3710000000072417 035 $a(EBL)3385695 035 $a(SSID)ssj0001060272 035 $a(PQKBManifestationID)12418467 035 $a(PQKBTitleCode)TC0001060272 035 $a(PQKBWorkID)11087372 035 $a(PQKB)11424098 035 $a(Au-PeEL)EBL3385695 035 $a(CaPaEBR)ebr10809146 035 $a(CaONFJC)MIL559505 035 $a(OCoLC)864141380 035 $a(MiAaPQ)EBC3385695 035 $a(EXLCZ)993710000000072417 100 $a20130702d2013 uy 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt 182 $cc 183 $acr 200 00$aResponding to financial crisis $elessons from Asia then, the United States and Europe now /$fChangyong Rhee & Adam S. Posen, editors 210 1$aWashington, DC :$cPeterson Institute for International Economics :$cAsian Development Bank,$d2013. 215 $a1 online resource (362 p.) 300 $a"October 2013." 311 $a0-88132-674-7 320 $aIncludes bibliographical references. 327 $a""Cover""; ""Table of Contents""; ""Preface""; ""Chapter 1 Introduction""; ""The United States and Europe Can Learn from Japan's "Lost Decades""; ""Central Bank Actions in Advanced Economies during the Global Financial Crisis Had Net Positive Impact""; ""Asian Countries Fared Better during the Global Financial Crisis than during the Asian Crisis""; ""The West Failed to Practice What It Preached during the Asian Crisis""; ""The Role of the International Monetary Fund Is Crucial""; ""Regional Financial Arrangements and Global Institutions Should Increase Coordination"" 327 $a""Regional Financial Institutions Face the Same Challenges as Global Institutions"" ""Most of Emerging Asia Is in a Solid Debt Position, but Japan Faces Challenges""; ""Chapter 2 Banking Crises and "Japanization": Origins and Implications""; ""Japan's Stagnation Experience""; ""International Comparative Perspectives of Banking Crisis Experiences""; ""Econometric Analysis of Banking Crises and Growth""; ""Conclusion and Policy Implications""; ""References""; ""Appendix 2A""; ""Chapter 3 Responses of Central Banks in Advanced Economies to the Global Financial Crisis"" 327 $a""How Have Central Banks Responded to the Crisis?"" ""How Effective Were the Responses?""; ""Conclusions""; ""References""; ""Appendix 3A""; ""Chapter 4 Why Did Asian Countries Fare Better during the Global Financial Crisis than during the Asian Financial Crisis?""; ""Macroeconomic Performance of Five Asian Countries: The Asian versus the Global Financial Crisis""; ""Empirical Framework""; ""Empirical Results""; ""Concluding Observations""; ""References""; ""Chapter 5 Policy Advice and Actions during the Asian and Global Financial Crises""; ""The Asian Financial Crisis"" 327 $a""The US Financial Crisis"" ""Conclusion""; ""References""; ""Chapter 6 Evolution of the Asian and European Financial Crises: Role of the International Monetary Fund""; ""Crisis Origins""; ""Evolution of the Crises in Asia and Europe""; ""Lasting Lessons?""; ""References""; ""Chapter 7 Global and Regional Financial Safety Nets: Lessons from Europe and Asia""; ""Rise of Regional Arrangements""; ""Cooperation Challenges and Policy Prescriptions""; ""Conclusion""; ""References""; ""Appendix 7A""; ""Chapter 8 Regional Responses to Financial Crises: The Americas, East Asia, and Europe"" 327 $a""Europe: The Road to the European Stability Mechanism and the Fiscal Compact"" ""Asia: Intergovernmentalism and Limits of the Chiang Mai Initiative""; ""The Western Hemisphere: American Leadership, Weak Institutions""; ""Conclusion""; ""References""; ""Chapter 9 Sovereign Debt and Asia: International Lessons and Emerging Issues""; ""The Latin American Crisis in the 1980's""; ""The East Asian Crisis of the Late 1990's""; ""The Euro Area Debt Crisis since 2010""; ""Debt Dynamics""; ""Debt Sustainability in Asia""; ""Fiscal Sustainability""; ""Domestic Bond Markets""; ""The Japan Problem"" 327 $a""Debt and Growth"" 330 $a"Analyzes different dimensions of past financial and economic crises from the perspective of Asian countries. It examines a number of diverse crisis-relevant themes, ranging from sovereign debt to central bank responses to financial safety nets. Drawing on concrete and specific lessons from past crises, this book aims to help today's Asian policymakers better manage crises and prevent them from arising in the future"--$cProvided by publisher. 606 $aFinancial crises$zAsia 606 $aFinancial crises$zEurope 606 $aFinancial crises$zUnited States 607 $aAsia$xEconomic conditions$y21st century 607 $aEurope$xEconomic conditions$y21st century 607 $aUnited States$xEconomic conditions$y21st century 615 0$aFinancial crises 615 0$aFinancial crises 615 0$aFinancial crises 676 $a338.5/42 701 $aPosen$b Adam Simon$0240637 701 $aRhee$b Changyong$01501872 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910788908903321 996 $aResponding to financial crisis$93729211 997 $aUNINA