Weathering the Asian crisis : The role of China

During the Asian crisis, China's healthy reserves and low debt made possible the avoidance of a 'country run'. Nonetheless, it did experience an apparently autonomous rise in private savings and a rise in capital outflow. This paper employs global general equilibrium analysis to exami...

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Bibliographic Details
Main Author: Yang, Yongzheng
Other Authors: Tyers, Rod
Format: Book
Published: Australia: Asia Pacific Press, 1999.
Subjects:
Online Access:http://apseg.anu.edu.au/pdf/china/cep00-1.pdf