http://www.boostworks.com Asian Financial Crisis, Singapore Economic Crisis, Economic Crisis in Philippines, Economic Crisis in Malaysia Fri, 29 Jan 2010 22:35:35 +0000 http://backend.userland.com/rss092 en by Nicola Bullard "The IMF bill is a hot-potato, and as we get closer to the November congressional election everyone wants it out of the way,’’ says Carol Welch from Friends of the Earth -US. But, so far, the IMF funding bill shows no sign of going away, having been sidetracked ... http://www.boostworks.com/?p=220 Vitoon Panyakul A few years ago, if someone says the Thai economy would come to a brink of collapse soon, everyone would laugh. But now it is the reality, even though many people not yet awake from the shock and come to the term with it yet. Despite the government kept ... http://www.boostworks.com/?p=218 By Nelson Graves KUALA LUMPUR, (Reuters) - Ahmad Mohamed Qali is staring Asia's economic future in the face and does not like what he sees. ``I came from far away to work,'' the 35-year-old Iranian civil engineer says at a dusty construction site in the heart of Malaysia's capital. ``Then suddenly the ... http://www.boostworks.com/?p=212 Remarks BY His Excellency Dr. Surin Pitsuwan Minister of Foreign Affairs of Thailand At the Asia Pacific Roundtable Kuala Lumpur, Malaysia 1 June 1998 ________________________________________ Mr. Chairman, Excellencies, Distinguished Roundtable Participants, It is certainly a pleasure to be in Kuala Lumpur again attending this 12th Asia Pacific Roundtable and seeing so many old friends and colleagues. I have ... http://www.boostworks.com/?p=214 By Meredith Woo-Cumings The question that I am asked to address is how an industrial juggernaut like South Korea--widely touted as the eleventh largest in the world--has ended up in the lap of the International Monetary Fund, and what this portends for an economic system that came to be known as ... http://www.boostworks.com/?p=216 by Theodore Friend Theodore Friend is Senior Fellow at the Foreign Policy Research Institute. He is president emeritus of the Eisenhower Exchange Fellowships and former president of Swarthmore College. The distress in the Asian economies may be bottoming out. The APEC meeting of 21 Pacific Rim nations has been held, and gone ... http://www.boostworks.com/?p=206 1. General Impact of Economic Crisis General impact of economic crisis could be summed as widening gap between the haves and have nots. The major victims are those who are living on their working income. The benefited are those who are living on their finance interest and stock speculation. Small or ... http://www.boostworks.com/?p=200 by: Markus Diehl and Rainer Schweickert International investors’ enthusiasm with respect to growth prospects in Southeast Asia has been followed by panic. Both the outstanding economic performance of Southeast Asian economies and their ability to master adjustment challenges had led most observers of these economies to the conclusion that "Asia is ... http://www.boostworks.com/?p=209 [caption id="" align="aligncenter" width="300" caption="The Japanese Crisis of 1990"][/caption] In 1985-1987 the Japanese authorities have organized massed investing money into the economy. It was done by preferential crediting of commercial banks. And so, the discount rate of Bank of Japan those years was lowered from 5 % to 2,5 %. Banks amicably ... http://www.boostworks.com/?p=189 The Asian Economic Crisis caught most by surprise and raised new questions about the role the media plays in information dissemination. Some question whether the over-inflation of "bubble economies" resulted naturally from exaggerated reports of the region's economic prowess. Others ask whether the tone and substance of reporting aggravated perceptions ... http://www.boostworks.com/?p=179