The Global Financial and Economic Crisis
Yung Chul Park, Charles Wyplosz
Abstract
Yung Chul Park, Charles Wyplosz
Abstract
This chapter attempts to draw early lessons from the financial crisis. It contrasts East Asia's rapid resurgence with Europe's halting recovery. Exchange stability within the euro area is contrasted with large fluctuations elsewhere in Europe and in East Asia.
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This chapter attempts to draw early lessons from the financial crisis. It contrasts East Asia's rapid resurgence with Europe's halting recovery. Exchange stability within the euro area is contrasted with large fluctuations elsewhere in Europe and in East Asia.
Key concepts: Financial crisis, East Asia, Financial stability, Economics, Financial system, Development economics, Political science, Economy