Understanding the Asian crisis: systemic risk as coordination failure

Systemic crises, such as the recent Asian crisis, may be due to an inability of individual to optimally coordinate their investment strategies.

Year of publication:	1998
Authors:	Marshall, David
Published in:	Economic Perspectives. - Federal Reserve Bank of Chicago. - 1998, Q III, v. 22, no. 3, p. 13-38
Publisher:	Federal Reserve Bank of Chicago
Subject:	Financial crises - Asia \| Risk \| Investments

Extent:	application/pdf
Type of publication:	Article
Language:	English
Source:	RePEc - Research Papers in Economics

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