Asian Financial Crisis 1997 PowerPoint PPT Presentations

e.g. automobiles, apparel, consumer electronics, steel, etc. Major sectors . By the end of 1998, the industry was operating at less than 65% of its capacity .

Key role of shifts in international capital flows in affecting the political structure of the region and the domestic politics within the countries of East Asia. .

-Lhamu Tsering Agenda.. East Asia pre crisis Thailand Crisis timeline The dilemma Asian Weaknesses After the shock Countries involved.. Thailand Philippines Hong Kong .

Title: Hong Kong Economy Author: City University of Hong Kong Last modified by: City University of Hong Kong Created Date: 10/8/2001 8:19:53 AM Document presentation .

The Asian financial crisis is considered to have started on . a downward spiral of asset deflation and disappearance of a financial intermediation structure. .

The sharp drop in the Thai currency was followed by speculation against the . sector failures were symptoms of corruption, cronyism, irresponsible governance, .

Interest rates in Asian countries . Japan used to be a growth engine, fear on Asian economies. . test on the indices of the US and four Asian economies : .

ASEAN-4 had a more open political and economic system. in regard to capital movements . economic system. more favorable economic conditions. economic policy .

Global Financial Turbulence and Its Implications for. East Asian Financial Cooperation . de facto de jure. Global dollar standard .

Long list of structural distortion in the pre-crisis Asian financial and banking . Current account, NIA definition (% of GDP) 1990. 1991. 1992. 1993. 1994 .

Table 1. Capital Controls in China and Other Major Emerging Market Economies . Net Errors and Omissions. 70.4 -4.0. 37.9 -5.9 -4.1. 16.9 -31.5. Other .

The 2002 Uruguay crisis. The 1998 Russian crisis. The Asian crises . The experience of Uruguay. After Mexico the CACs became the template with very few exceptions. .

Malaysia's, Thailand's and Philippines' exchange rates were effectively fixed . Philippines, Thailand and Malaysia show sustained lending boom. .

Contagion effects hit Malaysia, the Philippines and Indonesia . Help Indonesia, Korea, and Thailand arrange programs of economic stabilization and reform .

International Trade, Globalization and Financial Crisis Impacts on Scale, Distribution, Efficiency and Democracy Current Crisis Origins Dot.com bust real estate boom .

. GDAE Rural erosion increased 89% as small farmers cultivated more in response to decreasing prices Municipal solid waste increased . bailouts Malaysia s .

Origins: Global Financial Crisis Historical Phases of Global Financial Regulation Bretton Woods Institutions: IMF, World Bank, WTO 1944-71: National Fordism .

International Financial Markets 4. Financial Market Crises-*-Prof. Dr. Rainer Maurer * 2 * * * * * 2 NASDAQ = National Association of Securities Dealers Automated .

The Global Financial Crisis: Is It Like The Great Depression? . 6. The great depression was characterized by beggar thy neighbor policies. .

Chapter 8: The Financial Sector Crisis and Its Aftermath Ideas, knowledge, art, hospitality, travel these are the things which should of their nature be .

Different tranches of bonds. carry different levels of. risk . 'Equity' tranche. Mortgage backed securities (MBS) Investment. grade. Speculative. grade .

Problems of institutional investors that invested in morgage derivatives (IKB, WestLB) . rapid redemptions of derivative securities by institutional investors .

. Fund (PAIF) investing in sovereign and quasi-sovereign local currency bond funds . Regional investment bank can be introduced .

Currency crises in Russia and other transition economies. . Bank of Finland, Institute for Economies in Transition; Goskomstat. .

Financial crises: characteristics and crisis . e.g. inability to valuate complex securities, robust valuation when data is very limited or nonexistent . 43 .

I will begin with a real story. Oct 17th 1997, on a golf course in . Chicago Bulls, FL Marlins, Denver Broncos, Titanic, Backstreet Boys. Which Countries .

East Asian Community and East Asian Summit-Concepts, Reality and Opportunities May 11, 2006 Regional Anatomy I Ken JIMBO Review 1) Divergence of East Asia: Four .

The Impact of the Current Financial Crisis on the Region of Central and Eastern Europe Vladim r Dlouh seminar of the Informal Meeting of the EU Council Working .

The world financial instability and the Euro zone crisis - Chapter 1 Jacques SAPIR CEMI-EHESS 0. Predecessors of the current crisis. (A) The Savings and Loans crash .

Who has more influence on Asian Stock Markets around the Subprime Mortgage Crisis the U.S. or China? Chien-Chung Nieh* Chao-Hsiang Yang** Yu-Sheng Kao***

Title: A Tale of Two Crises: The Political Economy of East Asian Finance in the 1990s and 2000s Author: bstallin Last modified by: Leslie Elliott Armijo

Bi-Annual Meeting. Alternative Host: ASEAN / Non-ASEAN. Membership: ASEAN 3 . the ASEAN Chairmanship and held back-to-back with the annual ASEAN Summit; and .

What lessons can Asia learn from the current turmoil and markets? . Real Estate and Stock Prices deflate overwhelming financial institutions capital: .

Fundamentals or Panics? An Empirical Survey on. Financial Crisis. Woojin Kim . Probit . Hutchison &McDill(99): Probit Regressions. Hutchison & McDill 99: .

Global Financial Crisis and its Implications for Vietnam s Real Estate Sector: What are the Policy Options? 16th Asian construction Conference on Sustainable .

Mortgages where the debt to income ratio is over 55% (highly indebted households) . Requiescat in Pace. New Century Financial (Subprime lender) .

The Global Financial Crisis: Impact on the Real Side of the Philippine Economy . Ms. Teresa Diokno-Pascual, FDC. Foreign Trade. Foreign Trade. Export and Import .

On site Examination Department. Bank of Thailand. http://www.bot.or.th. 2 . Bank are aware of higher counter party risk since Bear Stearn incident. .

Fong, Eddy, Chairman of Securities and Futures Commission Hong Kong. . http://www.internationalmonetaryfund.com/ external/np/res/seminars/2003/global/pdf/karol.pdf. .

Reinforcing the traps created by commodity-dependence? The impact of the financial crisis on Sub-Saharan African low-income countries Alice Sindzingre

Korea has recovered the most out of the five countries . At the same time knowledge and practices of regulatory and supervisory .

M-Phil (LMU-Muinch), Founding Member of the German Precious Metals Society, . Papermoney was convertible to Gold. free and global exchange of capital and goods .

Obvious shifts to advanced technology. No. Krugman--input based . Linkages to growing industries--e.g. auto parts. Barriers. Recession in local markets .

All the major economies except China are in a state of contraction . exchange rates has been culpable as instigator or aggravator in each one of these crises. .

Why does financial development remain elusive, despite the intense crises . short-duration peso loans or to seedy offshores, CPI-indexed peso contracts that ' .

Postal savings bureau. Linking postal payments to savings. National savings banks . The credit function is an integral necessity in rural agricultural economics .

. remains protected from complications arising from events in both US and Europe . Promote share of local governments from mining activities. Government Spending .

Medium-term sustainability: budget deficit, inflationary pressures. European Union . CDS spreads. Sharp depreciation in CE. External debt, % of GDP. Asia 1996, .

. grade rating of AA- (in the case of Fitch IBCA and S&Ps) or A1 (in the . Fitch IBCA January 13, 1998 'When the facts change, I change my mind' J.M Keynes .

Seeking the Model of the East Asian Economic Growth J.D. Han * Korea recovered fastest from the Asian Financial Crisis of 1997. No discernable changes except for .

Debt & Deficits . Aust-NZ vs. Nordics Similar profiles in 1980s common themes pre-1980s financial . after Asian 1997/98 crisis Australasia especially New Zealand .

Financial Crises. East Asia 1997, Russia 1998, Brazil ? Background to 1997 East Asian crisis . 420 billion net flows to Asian emerging markets. Deteriorating .

In South Korea, after the 1997 Asian financial crisis, there were no funds for . China 1,933,919. India 1,684,858. Source: The Economist .

The Asian Financial Crisis in 1997/8 demonstrates the . Source: IMS Midas. The WHO, in collaboration with IMS, has established a programme to monitor the .