Conference on Inflation in East Asian Countries, May 20-22, 1983 =

Conference on Inflation in East Asian Countries, May 20-22, 1983 = by Conference on Inflation in East Asian Countries (1983 Taipei, Taiwan) Download PDF EPUB FB2

National innovative capacity in East Asia / Mei-Chih Hu and John A. Mathews; Conference on Inflation in East Asian Countries, May= [Tung Ya kuo chia t`ung ho p`eng chan Technology, economic growth and crises in East Asia / G. Chris Rodrigo; Trade, technology and security: implications for East Asia and the West / Takashi Inoguchi.

Tsiang, S. () ‘Theories of Inflation in Less Developed Countries’, A paper prepared for the conference on Inflation in East Asian Countries, Taipei, Taiwan (20–22 May).

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By ensuring that money and credit are only created when something real is created, i.e. for productive purposes, one can achieve very high economic growth without inflation, without crises and in a relatively equitable way: This is how the East Asian ‘miracle economies’ of Japan, Taiwan, Korea and China, developed so quickly.

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Downloadable. The authors identify as the primary cause of the East Asian crisis a fundamental reassessment of the profitability of investments in the region. They identify a number of secondary shocks as well, including interest risk premia, monetary expansion, and declines in output brought about by failures of the financial market.

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