Three Decades of International Financial Crises: What Have We Learned and What Still Needs to be Done?

Please use this identifier to cite or link to this item: https://elibrary.tucl.edu.np/handle/123456789/5786

Title:	Three Decades of International Financial Crises: What Have We Learned and What Still Needs to be Done?
Authors:	ADB
Issue Date:	Jun-2020
Description:	This paper highlights lessons from the Asian Financial Crisis, the Global Financial Crisis, and the Eurozone Debt Crisis to identify what more can be done to strengthen financial systems. Fragility that periodically erupts into a full-blown financial crisis appears to be an integral feature of market-based financial systems despite the emergence of sophisticated risk-management tools and regulatory systems. This paper compares the three major crises of the past 3 decades to distill the lessons they offer and to identify what remains to be done. Its findings are especially pertinent as policy makers tackle the financial impacts of coronavirus disease (COVID-19).
URI:	https://www.adb.org/publications/three-decades-international-financial-crises https://elibrary.tucl.edu.np/handle/123456789/5786
ISBN:	N/A N/A
ISSN:	2313-6537 2313-6545
Country:	Regional - Asia and the Pacific
Appears in Collections:	ADB Collections

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