The Environmental Implications of Asia's 1997 Financial Crisis
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چکیده
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Asian stock markets are compared with European markets before and during the 1997 Asian crisis. The clinical issue is whether regional inter-dependence became larger around the crisis, fomenting investor fears of contagion and reducing asset values because of lower diversification potential. Statistical measures are developed to aid in this inquiry. We find that European and East Asian countrie...
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ژورنال
عنوان ژورنال: IDS Bulletin
سال: 1999
ISSN: 0265-5012,1759-5436
DOI: 10.1111/j.1759-5436.1999.mp30003005.x