2010
DOI: 10.2753/ijp0891-1916390203
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Cited by 4 publications
(1 citation statement)
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“…Scholars have studied them for decades to be better prepared for future crises. For instance, the 1929 crash that led to the Great Depression highlighted the need for a significant government intervention when the private sector is at stake (Desmedt et al, 2010). The East Asian economic crisis of [1997][1998] showed that an overestimation of the attractiveness of these emerging economies, coupled with a poorly developed financial system (International Monetary Fund [IMF], 1998), could lead to a collapse that might affect entire countries (and their international investors) for years.…”
Section: Backg Round: the Covid -19 Cris Is And S Me Smentioning
confidence: 99%
“…Scholars have studied them for decades to be better prepared for future crises. For instance, the 1929 crash that led to the Great Depression highlighted the need for a significant government intervention when the private sector is at stake (Desmedt et al, 2010). The East Asian economic crisis of [1997][1998] showed that an overestimation of the attractiveness of these emerging economies, coupled with a poorly developed financial system (International Monetary Fund [IMF], 1998), could lead to a collapse that might affect entire countries (and their international investors) for years.…”
Section: Backg Round: the Covid -19 Cris Is And S Me Smentioning
confidence: 99%