From The Global Financial Tsunami To The Property Bubbles In Asia: The Need For A New Discipline On Macroeconomic Management
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A01=Paul Sau Leung Yip
Asia
Asian Financial Crisis
Asset Bubble
Asset Inflation
Author_Paul Sau Leung Yip
Category=KCB
Category=KFFM
Economic Crisis
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
European Debt Crisis
Global Financial Crisis
Global Financial Tsunami
Housing Policy
Macroeconomic Policies
Property Market
Stock Market
Product details
- ISBN 9789814623681
- Publication Date: 12 Apr 2019
- Publisher: World Scientific Publishing Co Pte Ltd
- Publication City/Country: SG
- Product Form: Hardback
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This book discusses the formation of the current huge property bubbles in many Asian economies and the high likelihood of another Asian financial crisis due to the eventual bursting of these property bubbles. In particular, it explains:In view of the huge costs due to the macroeconomic policy mistakes in many developing economies and some advanced economies, this book recommends the development of a new economic discipline on macroeconomic management and rigorous selection procedures of key economic and monetary officials. If properly done, these would help pre-empt financial crises, currency crises and asset bubbles in the future.
