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13453. THE ASIAN ECONOMIC CRISIS: RESPONSES AND RESPONSIBILITY. This paper presents an analytical discussion of the causes and consequences of the Asian economic crisis with a focus on the following two questions: 1) what have been the domestic and international responses to the crisis; and 2) who (or what) deserves the blame for the crisis? The first section provides a summary overview of the domestic and international responses to the crisis. The next section briefly summarizes the main arguments on who is to blame for the crisis. The third and final section argues that there are may villains; that blame should rightly be apportioned among a fairly broad contingent of governments, private sector businessmen, bankers, currency speculators, international lenders, and members of the international financial community. 12p. 21f. 12b.   $84


Copyright 2002 Academic Research Papers

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