The east asian crisis in kindlebergeer-minsky's framework
By: SAQIB, Omar F
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ArticlePublisher: São Paulo : Editora 34, abr./jun. 2001Revista de Economia Política = Brazilian Journal of Political Economy 21, 2 , p. 91-98Abstract: The paper reviews the 1997 East Asian crisis within the framework of the five stages of displacement, boom, overtrading, revulsion, and tranquillity of the Kindleberger-Minsky model. It further notes that the recent interpretations of the crisis, based on the hypotheses of fundamental imbalances and financial panic, conform to the stages of the Kindleberger-Minsky model
The paper reviews the 1997 East Asian crisis within the framework of the five stages of displacement, boom, overtrading, revulsion, and tranquillity of the Kindleberger-Minsky model. It further notes that the recent interpretations of the crisis, based on the hypotheses of fundamental imbalances and financial panic, conform to the stages of the Kindleberger-Minsky model
Revista de Economia Política 2001
v. 21, n. 2(82)
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