Managing Financial Crises The Experience in East Asia

67 Pages Posted: 15 Feb 2006

See all articles by Jack Boorman

Jack Boorman

International Monetary Fund (IMF) - Policy Development and Review Department

Timothy Lane

International Monetary Fund (IMF) - Policy Development and Review Department

Marianne Schulze‐Ghattas

International Monetary Fund (IMF)

Aleš Bulíř

International Monetary Fund (IMF)

Atish R. Ghosh

International Monetary Fund (IMF) - Policy Development and Review Department

Date Written: June 2000

Abstract

The Asian financial crisis of 1997-98 was one of the most dramatic economic events of recent times, which raised many questions regarding the appropriate policy response to financial crises. This paper reviews the experience of this crisis, focusing on the overall strategy of crisis management and the way that strategy was implemented, including with regard to official and private financing, structural reforms, and monetary and fiscal policies.

Keywords: East Asian financial crisis IMF

JEL Classification: F3 F4

Suggested Citation

Boorman, Jack and Lane, Timothy and Schulze‐Ghattas, Marianne and Bulir, Ales and Ghosh, Atish R., Managing Financial Crises The Experience in East Asia (June 2000). IMF Working Paper No. 00/107, Available at SSRN: https://ssrn.com/abstract=879684

Jack Boorman (Contact Author)

International Monetary Fund (IMF) - Policy Development and Review Department ( email )

700 19th St. NW
Washington, DC 20431
United States

Timothy Lane

International Monetary Fund (IMF) - Policy Development and Review Department ( email )

700 19th St. NW
Washington, DC 20431
United States
202-623-7648 (Phone)
202-623-4405 (Fax)

Marianne Schulze‐Ghattas

International Monetary Fund (IMF)

700 19th Street, N.W.
Washington, DC 20431
United States

Ales Bulir

International Monetary Fund (IMF) ( email )

700 19th Street NW
Washington, DC 20431
United States

Atish R. Ghosh

International Monetary Fund (IMF) - Policy Development and Review Department ( email )

700 19th St. NW
Washington, DC 20431
United States

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