The 1997-98 liquidity crisis: Asia versus Latin America
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Date
2002
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Banco Central de Chile
Abstract
Description
Four years after its outbreak, the Asian crisis continues to confound experts: a region whose countries had long been considered paragons of successful economic development is mired in financial collapse and deep recession. By contrast, Latin America -with the important exceptions of Brazil and Ecuador- managed to avoid crisis-like situation in 1997-99, in spite of that region's checkered financial past.
Keywords
LIQUIDEZ (ECONOMÍA), CRISIS ECONÓMICA 1998