Routledge Asian Contagion - Financial Crisis Economics Book

Explore the complex economic history of the late twentieth century with Asian Contagion: The Causes and Consequences of a Financial Crisis. For decades, the Asian economic miracle drove massive wealth expansion for a vast population. However, the summer of 1997 marked a sudden shift when years of economic growth faced a major downturn. This book examines the reality of unrestrained speculation, misallocated private investment, and the impact of fixed exchange rates. It provides a deep look into the factors that led to the sudden crash following thirty years of boom. Written by Karl D. Jackson, the director of the Southeast Asia Program at Johns Hopkins University, this text offers professional insights into the mechanics of economic instability. Ideal for students, researchers, and professionals interested in business, finance, and law, this Routledge publication serves as a detailed study of economic conditions and market volatility. Understand the transition from rapid expansion to the sudden realities of a financial crisis through an academic lens.