Trauma To Triumph: Rising From The Ashes Of The Asian Financial Crisis

This book examines the events leading up to the Asian financial crisis (AFC) and the global financial crisis (GFC) and their impact on regional financial cooperation in Southeast Asia. It provides comprehensive recollections of the major players and lessons learned from the crises, with a focus on the development of regional financial cooperation.

Format: Hardback
Length: 952 pages
Publication date: 22 June 2022
Publisher: World Scientific Publishing Co Pte Ltd

The book, titled "The Asian Financial Crisis and its Aftermath: A Comprehensive Analysis," delves into a comprehensive examination of the events that transpired during the Asian Financial Crisis (AFC) and the subsequent developments, including the global financial crisis (GFC), that ultimately shaped the ASEAN+3 regional financial cooperation framework and the establishment of the ASEAN+3 Macroeconomic Research Office. This groundbreaking work stands as the first of its kind, offering a comprehensive collection of recollections and insights from key players involved in both the AFC and the GFC.

The book provides a detailed account of the causes and developments of these crises, offering country-level narratives that shed light on the specific challenges faced by each nation. It also explores the measures taken to address these crises, highlighting the successes and failures of different strategies employed. By providing an analytical and deeper examination of country experiences, the book offers valuable insights into the factors that contributed to the crises and the lessons learned from them.

In particular, the book focuses on the development of regional financial cooperation as a response to the crises. It assesses the two crises and identifies the key lessons learned from them, particularly in terms of strengthening regional financial stability and promoting economic growth. The book concludes with a retrospective analysis of regional financial cooperation, aiming to catalyze further discussions on the direction of the region's financial cooperation.

Overall, "The Asian Financial Crisis and its Aftermath: A Comprehensive Analysis" is a vital resource for scholars, policymakers, and anyone interested in understanding the complex dynamics of the AFC and the GFC and the efforts to mitigate their impact. It provides a comprehensive and insightful examination of these events, offering valuable insights into the challenges and opportunities facing the region in the years to come.

Weight: 1474g
Dimension: 236 x 160 x 56 (mm)
ISBN-13: 9789811253256