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This book analyses the 2007-2008 subprime or global financial crisis from an Asian perspective. It combines macro- and micro-level analysis to assess how Asia (with special attention to China) was affected, what regulatory and policy lessons can be drawn, and what the future effects might be. It looks at the causes and spread of the crisis (the “financial tsunami”), examines issues including regulatory failure, insurance industry vulnerabilities, the impact on Chinese economic sectors, lessons from the collapses of AIG, Lehman Brothers, etc., quantitative easing responses, and post-crisis life for Asia.
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Publisher: Palgrave Macmillan London
Publishing Year: 2009
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