Causes of the financial crisis and the need of monetary cooperation in East Asia

References

• ADB . 1999 . Asian Development Outlook 1999 , Update
   Google Scholar
• _____ . 2000 . Asian Development Outlook 2000 , available from: http://www.adb.org/publications
   Google Scholar
• Ahn , Choong Young . 1999 . The East Asian development model: beyond financial crisis,’ . Paper presented at the 18th Annual Meeting of the Northeast Asian Economic Association . 1999 , Korea.
   Google Scholar
• AWSJ . 2000 . Asian Wall Street Journal , 25th May
   Google Scholar
• Bergsten , Fred . August 1998 . “ ‘Reviewing the Asian Monetary Fund,’ ” . In International Economic Policy Briefs , August , Washington : Institute for International Economics .
   Google Scholar
• Bhaskaran , Manu . 1999 . ‘Currency regimes in flux,’ . Far Eastern Economic Review , 11th February
   Google Scholar
• BIS (1997) 1997 BIS Annual Report.
   Google Scholar
• Corsetti , G. P. Presenti and Roubini , N. 1998 . ‘What caused the Asian currency and financial crisis,’ . Paper for “The CEPR‐World Bank Conference on Financial Crisis . May 1998 . Contagion and market volatility .
   Google Scholar
• Feldstein , Martin . 1999 . “ ‘Self‐protection for emerging market economies,’ ” . NBER Working Paper No. 6907
   Google Scholar
• Financial Supervisory Commission . 1999 . Classification of Non‐performing Loans available from: http://www.fsc.go.kr.
   Google Scholar
• Hong , Ki‐suk . 1999 . The Cause of the Korean Foreign Exchange Crisis , Korea Development Institute . (mimeo).
   Google Scholar
• JETRO . 1998 . Proposal for Responsive Measures to Asia Monetary and Financial Crisis , Edited by: Korean . Ministry of Foreign Affairs and Trade .
   Google Scholar
• Morgan , JP . 1999 . Asian Financial Markets ,
   Google Scholar
• Kim , Hakun . 1998 . ‘An origin of the financial crisis: the Korean case,’ . Global Economic Review , 27 (3)
   Google Scholar
• Krugman , Paul R. 1998 . ‘Saving Asia: it's time to get radical,’ . Fortune , : 76
   Google Scholar
• McKinnon , Ronald A. 1995 . “ ‘Monetary and exchange rate policies for inter‐national financial stability: a proposal,’ ” . In International conomics and International Economic Policy: A reader , Edited by: King , Philip . New York : McGraw‐Hill .
   Google Scholar
• _____ . 1998 . “ ‘Exchange rate coordination for surmounting the East Asian currency crisis,’ ” . In Financial Crisis: Facts, theories, and policies: , IMF .
   Google Scholar
• MOFE . 2000 . Major Economic Indicators , February
   Google Scholar
• Moon , Woo‐sik , Yoon , Duk‐Ryong and Lee , Young‐Sup . 1999 . ‘Asian currencies and financial cooperation: coping with the Asian crisis and the launch of Euro (Translated in Korean),’ . Paper presented at “The 3rd Joint Policy Seminar of the Northeast Asian Economic Association of Korea and the 21st Century Northeast Asian Studies of National Assembly of the ROK . June 11th 1999 .
   Google Scholar
• National Statistical Office . 1999 . Major Statistics of Korean Economy ,
   Google Scholar
• Oh , Yong‐Suk . 1998 . ‘A strategic approach to embodiment of regional economic cooperation in Northeast Asia,’ . Global Economic Review , 27 (1)
   Google Scholar
• Radelet , Steven and Sachs , Jeffrey . 1998 . “ The onset of the East Asian financial crisis,’ ” . available from: http://www.hiid.harvard.edu/pub/other/eaonset
   Google Scholar
• Rhee , Chong‐ook . 1999 . ‘Why did IMFs high interest policy in Korea fail? External and internal factors (Translated in Korean),’ . Kyong Je Hak Yon Gu , 47 (1)
   Google Scholar
• World Bank . 1998 . Global Development Finance Report.
   Google Scholar
• _____ . 2000 . “ ‘East Asia: from recovery to sustained growth, an update,’ ” . available from: http://wbln0018.worldbank.org/e.../
   Google Scholar