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

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dc.contributor.authorADB
dc.date.accessioned2021-10-05T15:06:22Z
dc.date.available2021-10-05T15:06:22Z
dc.date.issued2020-06
dc.descriptionThis 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).
dc.format.extent46
dc.identifier.isbnN/A
dc.identifier.isbnN/A
dc.identifier.issn2313-6537
dc.identifier.issn2313-6545
dc.identifier.urihttps://www.adb.org/publications/three-decades-international-financial-crises
dc.identifier.urihttps://hdl.handle.net/20.500.14540/5786
dc.subject.otherEconomic data
dc.subject.otherEconomics
dc.subject.otherFinance
dc.titleThree Decades of International Financial Crises: What Have We Learned and What Still Needs to be Done?
local.publication.countryRegional - Asia and the Pacific

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