Please use this identifier to cite or link to this item:
https://hdl.handle.net/2440/2301
Citations | ||
Scopus | Web of Science® | Altmetric |
---|---|---|
?
|
?
|
Type: | Journal article |
Title: | Does devaluation lead to economic recovery or contraction? Theory and policy with reference to Thailand |
Author: | Bird, G. Rajan, R. |
Citation: | Journal of International Development, 2004; 16(2):141-156 |
Publisher: | Wiley Europe Ltd. |
Issue Date: | 2004 |
ISSN: | 0954-1748 1099-1328 |
Abstract: | <jats:title>Abstract</jats:title><jats:p>Most analyses of the East Asian financial crisis have focused on its causes and the links between currency and banking crises. However a related question is what happens in the aftermath of a crisis? What factors determine the path of an economy in the post‐devaluation phase? Does it swiftly bounce back, with the crisis being followed by a period of economic recovery, or does it face a period of economic recession if not outright output collapse? An important element in answering these questions is to consider the response to devaluation, since this constitutes an almost invariant component of economic stabilisation. This paper examines these questions analytically as well as by using Thailand as a case study. Copyright © 2004 John Wiley & Sons, Ltd.</jats:p> |
DOI: | 10.1002/jid.1056 |
Published version: | http://dx.doi.org/10.1002/jid.1056 |
Appears in Collections: | Aurora harvest 2 Economics publications |
Files in This Item:
There are no files associated with this item.
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.