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What Effect Will East Asia's Crisis Have on Developing Countries?

This note summarizes recent projections on the longer-term effects of the East Asia's financial crisis, and the significant effect already felt in developing countries. Five main points are examined, as follows: 1) though trade will drive the...

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Bibliographic Details
Main Authors:	Dadush, Uri, Lynn, Robert, Riordan, Mick, Dasgupta, Dipak, Johannes, Ronald
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	GLOBAL MARKET ECONOMIC POLICY FINANCIAL CRISES GLOBAL RESOURCE FLOWS GROSS DOMESTIC PRODUCT ECONOMIC INDICATORS PRIVATE CAPITAL FLOWS TRADE MONETARY POLICY FISCAL POLICY OIL CRISES CAPITAL MARKETS BANK LENDING BANKRUPTCY BENCHMARK BONDS CAPITAL INFLOWS CENTRAL BANKS CURRENCY CURRENT ACCOUNT CURRENT ACCOUNT DEFICIT DEBT DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DOMESTIC DEMAND DROUGHT DURABLE GOODS EAST AFRICA ECONOMIC DOWNTURNS ECONOMIC MANAGEMENT EQUILIBRIUM EXCHANGE RATE EXCHANGE RATES EXPORT VOLUMES EXPORTERS EXPORTS EXTERNAL FINANCE FINANCIAL CRISIS FOREIGN DIRECT INVESTMENT GDP GLOBAL SHOCKS GROWTH RATE IMPORTS INCOME INTEREST RATES INTERNATIONAL INTEREST RATES INVESTMENT FLOWS METALS MONETARY POLICIES MULTIPLIER EFFECT MULTIPLIERS NORTH AFRICA OIL OIL EXPORTERS OIL IMPORTERS OIL PRICES POINT REAL EXCHANGE RATE TERMS OF TRADE TERMS OF TRADE EFFECTS TIMBER TRADE LOSSES TRADE VOLUMES TRANSITION ECONOMIES UNEMPLOYMENT VALUE ADDED WORLD ECONOMY WORLD TRADE
Online Access:	http://documents.worldbank.org/curated/en/1998/03/438768/effect-east-asias-crisis-developing-countries http://hdl.handle.net/10986/11558