Skip to Main Navigation

How did the Asian countries avoid the debt crisis? (Inglés)

Economic stability, sound macroeconomic policies, and appropriate microeconomic incentives hold down a country's external debt burden. Most of the Asian countries pursued prudent macroeconomic policies, paid attention to price stability, and minimized price distortions. These countries avoided the overvalued exchange rates and uncompetitive interest rates that caused massive capital flight from Latin American and some African countries. The author...
Vea más

INFORMACIÓN

DESCARGAS

INFORME COMPLETO

Versión oficial del documento (puede incluir firmas, etc.)

This document is being processed or is not available.