Ito, Hiro; Jongwanich, Juthathip; Terada-Hagiwara, Akiko - Economics and Research Department, Asian Development Bank - 2009
The pullbacks of capital inflows to developing Asia following the onset of the global financial crisis in 2008 have brought renewed attention to the role and benefits of financial globalization. A number of notable distinctions between the current global crisis and the Asian financial crisis...