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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Format: | Book |
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Australia:
Asia Pacific Press,
1999.
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Online Access: | http://apseg.anu.edu.au/pdf/china/cep00-1.pdf |