Description: On 9–10 August 1999, the Bank convened a conference entitled ‘Capital Flows and the International Financial System’. It has become easier, with the passage of time, to forget what an extraordinary event the Asian financial crisis was. Before the crisis, the countries of east Asia had grown faster, for longer, than any other countries in recorded history. They had transformed their economies and the standard of living of their people in the course of a single generation. In 1960, some of the east Asian countries had standards of living similar to those in Africa; by the mid 1990s, the contrast between economic conditions in the two regions was very stark indeed. The miracle of east Asian economic growth was something to be admired, studied, and emulated...
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Item Specifics
Returns Accepted: ReturnsNotAccepted
Type: Conference
Author: Reserve Bank Of Australia
Publication Name: Capital Flows and the International Financial System
Subject: Economics
Subject Area: Economics
Level: University
Format: Paperback
Publication Year: 1999
Publisher: Reserve Bank of Australia
Language: English
Educational Level: University
Series: Economic Group
Country/Region of Manufacture: Australia
Number of Pages: 259
