Abstract
This paper gives an overview of studies that have attempted to model the crisis in Asia. Although no model-based research predicted the crisis, modelling results have given useful insights into the cause of the crisis as well as the sectoral and macroeconomic adjustment to be expected following the crisis. Some alternative policy responses have also been simulated; these throw light on how to respond to the Asian crisis within and outside Asia.
| Original language | English |
|---|---|
| Title of host publication | Southeast Asia’s Economics Crisis: Origins, Lessons, and the Way Forward |
| Editors | H. W. Arndt, Hal Hill |
| Place of Publication | Singapore |
| Publisher | Institute of Southeast Asian Studies (ISEAS) |
| Chapter | 10 |
| Pages | 119-127 |
| Number of pages | 9 |
| Volume | 1 |
| ISBN (Print) | 981-3055-89-8 |
| Publication status | Published - 1999 |