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The once booming dynamic economies in Asia were drawn into a whirlpool of business failures and economic devastation following the flotation of the Thai baht in July 1997, and the consequent collapse of asset prices and currency depreciations in several East Asian countries. High growth in these emerging market economies had masked important structural weaknesses that eventually triggered the economic slump now referred to as the Asia Crisis. To address the structural measures needed to restore sustained economic growth and stability in the crisis-affected countries, this book brings forth analyses and recommendations on the crisis from internationally respected economists and policy makers and the OECD. Overall, experts conclude that, to deal with the crisis and alleviate social distress, structural reforms of government, business and the financial sector must be undertaken rapidly. Such reforms must be established with a long-term view to protect these and other countries from future crises. Economic recovery in Asia is a high priority for the OECD. As an international organisation with experience across a broad range of structural issues, it is a unique forum for the exchange of views on national experiences with policy reforms and possible improvements in the functioning of financial markets. In November 1998, the OECD's Centre for Co-operation with Non-Members (CCNM) held the symposium that led to this publication. Experts from OECD Member and non-member economies attended the symposium. This publication assembles their contributions and provides insight into the possible role of the OECD in promoting economic recovery in the region.

economische crisis --- economische hervorming --- azie --- ASI / Asia - Azië - Asie --- 333.481 --- 331.32 --- crise economique --- reforme economique --- asie --- Monetaire crisissen, hervormingen, saneringen en stabilisering. --- Structuur van de economie. --- 338.95 --- East Asia --- -East Asia --- -Asia, East --- Asia, Eastern --- East (Far East) --- Eastern Asia --- Far East --- Orient --- Economic conditions --- -Economic conditions --- -Electronic information resources --- Economic policy --- -Economic policy --- Extrême-Orient --- Congresses --- Politique économique --- Congrès --- Conditions économiques --- Structuur van de economie --- Monetaire crisissen, hervormingen, saneringen en stabilisering --- Finance and Investment --- Business & Economics --- Economic History --- Congresses.

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Economic growth --- International economic relations --- Business cycles --- Economie --- Finances --- Geldwezen --- 338 <4/9> --- #ECO:01.01:economie algemeen --- #A9906A --- economie --- mondialisering --- wereldhandel --- economisch beleid --- economische geschiedenis --- economische crisis --- concurrentie, internationaal --- economie, internationaal --- economische groei --- financiën, internationaal --- handel, internationaal --- kapitaalmarkt, internationaal --- markt, internationaal --- marktanalyse --- markteconomie --- prognoses wereldeconomie --- Competition, International --- Markets --- International competition --- World economics --- International relations --- International trade --- War --- Public markets --- Commerce --- Fairs --- Market towns --- Economic policy, Foreign --- Economic relations, Foreign --- Economics, International --- Foreign economic policy --- Foreign economic relations --- Interdependence of nations --- International economic policy --- International economics --- New international economic order --- Economic policy --- Economic sanctions --- Economische situatie. Economische structuur van bepaalde landen en gebieden. Economische geografie. Economische produktie.economische produkten. Economische diensten--?<4/9> --- mondialisation --- commerce mondial --- politique economique --- histoire economique --- crise economique --- Economic aspects --- Competition, International. --- International economic relations. --- Markets. --- 338 <4/9> Economische situatie. Economische structuur van bepaalde landen en gebieden. Economische geografie. Economische produktie.economische produkten. Economische diensten--?<4/9> --- Academic collection

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This paper discusses the significant overall progress with macro stabilization of these transition countries during 1992-1997. While average inflation declined steadily since 1992, output fell significantly for many of these countries during this period, and it was not unti 1996-97 that as a group they experienced positive growth, financial policies, the current account, competitiveness, debt-and non-debt-creating capital flows, and the initial impact of the Asian crisis.

Zonder onderwerpscode --- Economic stabilization --- 338 <474> --- 338.26 <474> --- 338.26 <47> --- 338 (47) --- economische situatie --- financiën --- Rusland --- economische crisis --- baltische staten --- oekraine --- estonie --- CIS / Commonwealth Of Independant States - Gos - Cei --- EE / Estonia - Estland - Estonie --- LT / Lithuania - Litouwen - Lituanie --- LV / Latvia - Letland - Lettonie --- 382.241 --- 305.2 --- 330.05 --- 338.947 --- Economische situatie. Economische structuur van bepaalde landen en gebieden. Economische geografie. Economische produktie.economische produkten. Economische diensten--Baltische Republieken --- Economische planning. Nationale plannen. Ontwikkelingsplannen. Meerjarenplannen. Plattelandsontwikkeling. Rural development. Kosten-batenanlyse--Baltische Republieken --- Economische planning. Nationale plannen. Ontwikkelingsplannen. Meerjarenplannen. Plattelandsontwikkeling. Rural development. Kosten-batenanlyse--Rusland. Sovjet-Unie --- Economische situatie. Economische structuur van bepaalde landen en gebieden. Economische geografie. Economische produktie.economische produkten. Economische diensten--Rusland. Sovjet-Unie --- crise economique --- etats baltes --- ukraine --- estland --- Balans van het lopend verkeer. --- Statistieken van de conjunctuur. --- Baltic States --- -Baltic States --- -Russia (Federation) --- -Former Soviet republics --- -Baltic Republics --- Baltics (States) --- CIS countries --- Commonwealth of Independent States countries --- Ex-Soviet republics --- Ex-Soviet states --- Former Soviet states --- New Independent States (Former Soviet republics) --- Newly Independent States (Former Soviet republics) --- NIS (Former Soviet republics) --- Working papers --- 338.26 <47> Economische planning. Nationale plannen. Ontwikkelingsplannen. Meerjarenplannen. Plattelandsontwikkeling. Rural development. Kosten-batenanlyse--Rusland. Sovjet-Unie --- 338.26 <474> Economische planning. Nationale plannen. Ontwikkelingsplannen. Meerjarenplannen. Plattelandsontwikkeling. Rural development. Kosten-batenanlyse--Baltische Republieken --- 338 <474> Economische situatie. Economische structuur van bepaalde landen en gebieden. Economische geografie. Economische produktie.economische produkten. Economische diensten--Baltische Republieken --- 338 (47) Economische situatie. Economische structuur van bepaalde landen en gebieden. Economische geografie. Economische produktie.economische produkten. Economische diensten--Rusland. Sovjet-Unie --- -CIS countries --- Baltic Republics --- economische ontwikkeling --- macro-economie --- rusland --- 331.30 --- 336.61 --- 382.242.0 --- Adjustment, Economic --- Business stabilization --- Economic adjustment --- Stabilization, Economic --- Economic policy --- developpement economique --- russie --- Statistieken van de conjunctuur --- Economische toestand --- Financieel beleid --- Balans van het lopend verkeer --- Balans van het kapitaalverkeer: algemeenheden --- Former Soviet republics --- Economic conditions. --- Economic policy. --- Economic conditions --- Economic stabilization - Former Soviet republics --- Former Soviet republics - Economic conditions --- Former Soviet republics - Economic policy --- Exports and Imports --- Finance: General --- Foreign Exchange --- Inflation --- Macroeconomics --- International Lending and Debt Problems --- General Financial Markets: General (includes Measurement and Data) --- International Financial Markets --- Current Account Adjustment --- Short-term Capital Movements --- International economics --- Finance --- Currency --- Foreign exchange --- Economic & financial crises & disasters --- Real exchange rates --- Currency markets --- Debt burden --- External debt --- International capital markets --- Financial markets --- Debts, External --- Foreign exchange market --- Balance of payments --- Capital market --- Russian Federation