Why China survived the asian financial crisis?

The Chinese economy shows a remarkable resemblance to those of pre-crisis Thailand, Indonesia, South Korea and Malaysia — especially the asset bubbles, high reliance on banking intermediation, poor prudential supervision, and fragility of the financial system. Yet, China defied the common prediction...

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Detalles Bibliográficos
Autor: Sharma, Shalendra D.
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2002
País:Brasil
Institución:EDITORA 34
Repositorio:Revista de Economia Política
Idioma:inglés
OAI Identifier:oai:ojs2.centrodeeconomiapolitica.org:article/934
Acceso en línea:https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/934
Access Level:acceso abierto
Palabra clave:China
East Asia
financial crises
Leste da Ásia
crises financeiras
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spelling Why China survived the asian financial crisis?Por que a China sobreviveu à crise financeira asiática?ChinaEast Asiafinancial crisesChinaLeste da Ásiacrises financeirasThe Chinese economy shows a remarkable resemblance to those of pre-crisis Thailand, Indonesia, South Korea and Malaysia — especially the asset bubbles, high reliance on banking intermediation, poor prudential supervision, and fragility of the financial system. Yet, China defied the common prediction and did not succumb to the financial crisis. What explains the China ability to withstand a major region-wide financial crisis? This study addresses this complex question, besides elaborating the reform measures China must implement to immune itself from future financial crises or its contagion effects.  JEL Classification: O53. O57.A economia chinesa mostra uma notável semelhança com as da Tailândia, Indonésia, Coreia do Sul e Malásia antes da crise - especialmente as bolhas de ativos, alta dependência de intermediação bancária, má supervisão prudencial e fragilidade do sistema financeiro. No entanto, a China desafiou a previsão comum e não sucumbiu à crise financeira. O que explica a capacidade da China de suportar uma grande crise financeira em toda a região? Este estudo aborda essa questão complexa, além de elaborar as medidas de reforma que a China deve implementar para se imunizar contra futuras crises financeiras ou seus efeitos de contágio. Classificação JEL: O53. O57.Center of Political Economy2002-04-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/93410.1590/0101-31572002-1235Brazilian Journal of Political Economy; Vol. 22 No. 2 (2002): Apr-Jun / 2002; 225-252Brazilian Journal of Political Economy; v. 22 n. 2 (2002): Apr-Jun / 2002; 225-2521809-45380101-3157reponame:Revista de Economia Políticainstname:EDITORA 34instacron:EDITORA_34enghttps://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/934/2142info:eu-repo/semantics/openAccessSharma, Shalendra D.2020-10-07T17:42:26Zoai:ojs2.centrodeeconomiapolitica.org:article/934Revistahttps://centrodeeconomiapolitica.org.br/repojs/index.php/journalONGhttps://centrodeeconomiapolitica.org.br/repojs/index.php/journal/oai||cecilia.heise@bjpe.org.br1809-45380101-3157opendoar:2020-10-07T17:42:26Revista de Economia Política - EDITORA 34false
dc.title.none.fl_str_mv Why China survived the asian financial crisis?
Por que a China sobreviveu à crise financeira asiática?
title Why China survived the asian financial crisis?
spellingShingle Why China survived the asian financial crisis?
Sharma, Shalendra D.
China
East Asia
financial crises
China
Leste da Ásia
crises financeiras
title_short Why China survived the asian financial crisis?
title_full Why China survived the asian financial crisis?
title_fullStr Why China survived the asian financial crisis?
title_full_unstemmed Why China survived the asian financial crisis?
title_sort Why China survived the asian financial crisis?
dc.creator.none.fl_str_mv Sharma, Shalendra D.
author Sharma, Shalendra D.
author_facet Sharma, Shalendra D.
author_role author
dc.subject.por.fl_str_mv China
East Asia
financial crises
China
Leste da Ásia
crises financeiras
topic China
East Asia
financial crises
China
Leste da Ásia
crises financeiras
description The Chinese economy shows a remarkable resemblance to those of pre-crisis Thailand, Indonesia, South Korea and Malaysia — especially the asset bubbles, high reliance on banking intermediation, poor prudential supervision, and fragility of the financial system. Yet, China defied the common prediction and did not succumb to the financial crisis. What explains the China ability to withstand a major region-wide financial crisis? This study addresses this complex question, besides elaborating the reform measures China must implement to immune itself from future financial crises or its contagion effects.  JEL Classification: O53. O57.
publishDate 2002
dc.date.none.fl_str_mv 2002-04-01
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/934
10.1590/0101-31572002-1235
url https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/934
identifier_str_mv 10.1590/0101-31572002-1235
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/934/2142
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Center of Political Economy
publisher.none.fl_str_mv Center of Political Economy
dc.source.none.fl_str_mv Brazilian Journal of Political Economy; Vol. 22 No. 2 (2002): Apr-Jun / 2002; 225-252
Brazilian Journal of Political Economy; v. 22 n. 2 (2002): Apr-Jun / 2002; 225-252
1809-4538
0101-3157
reponame:Revista de Economia Política
instname:EDITORA 34
instacron:EDITORA_34
instname_str EDITORA 34
instacron_str EDITORA_34
institution EDITORA_34
reponame_str Revista de Economia Política
collection Revista de Economia Política
repository.name.fl_str_mv Revista de Economia Política - EDITORA 34
repository.mail.fl_str_mv ||cecilia.heise@bjpe.org.br
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score 15.301603

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