Asia - From Financial Crisis To The New Millennium
Asia's spectacular growth during the 1990s was described as nothing less than an "economic miracle". When the great Asian crash came in 1997, not only Asia, but the world felt its force. How did the Asian miracle come about? How did it turn so sour? Who is to blame? Why did the crisis come as such a surprise? What lessons are to be learned? Stephen Vines paints a vivid picture of excess and ignorance, challenging some of the well-established myths about Asian economies, governments, companies and markets. He also highlights the fundamental weakness of Asian companies - a subject little mentioned in discussions about the Asian crisis.
This is a hard-hitting analysis of Asia's rise and fall - and what the future holds.
