The end of the Asian myth: Why were the experts fooled?

被引:14
作者
Baer, W [1 ]
Miles, WR [1 ]
Moran, AB [1 ]
机构
[1] Univ Illinois, Urbana, IL 61801 USA
关键词
D O I
10.1016/S0305-750X(99)00082-0
中图分类号
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号
0201 ; 020105 ; 03 ; 0303 ;
摘要
This article examines the reasons behind the overoptimism of a large segment of the economics profession concerning the performance of East Asian economies, which was shattered by the financial crises of 1997-98. It also shows how the crisis placed into bold relief many institutional characteristics of these economies which negate many past attempts to characterize them as open and market-driven. (C) 1999 Elsevier Science Ltd. All rights reserved.
引用
收藏
页码:1735 / 1747
页数:13
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