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asian economy 2114
Financial Crisis and Reform in Asia

(ECON2114 Lecture Notes)
(2014/01/06)

Chapter 1 Introduction to Financial Crisis

1.1 Basic data of the financial crisis
1.2 Equilibrium exchange rate
1.3 Arbitrage and speculation
1.4 Role of the currency
1.5 Balance sheet
1.6 The history of international currency
1.7 Exchange rate system in the world
1.8 The exchange system
1.9 Determines to exchange rate
1.10 Balance pivot
1.11 Currency Crisis Theory
1.12 Five conditions for a country to be attacked

Chapter 2 Bubble economy and financial crisis (Japan, Thailand)

2.1 Economic bubble
2.2 What is the bubble economy?
2.3 Conditions for bubble economy
2.4 Break of bubble
2.5 Process of currency crisis in bubble economy
2.6 Impact of burst bubble on Japan's economy
2.7 Bubble economy in Hong Kong, Taiwan
2.8 Bubble economy in Thailand

Chapter 3 Government industry policy and financial crisis (Korea)

3.1 High economic growth rate in Korea
3.2 The process of financial crisis in Korea

Chapter 4 Active devaluation (China)

4.1 Two types of devaluation
4.2 Pros and cons of initiative devaluation
4.3 Active devaluation of the currency in China from 1980 to 1994
4.4 Three groups of export products
4.5 Devaluate or not

Chapter 5 Measurement of security for financial system

5.1 Security of a country's financial system
5.2 Foreign Currency Reservation and Surplus on Current Account (FR+NX)
5.3 Debt Structure and Foreign Debt (FD)
5.4 Capital inflow (NL)
5.5 Capital Outflow (KO)
5.6 Foreign speculative demands (SD)
5.7 Amplifying Effect of External Shock ()
5.8 Degree of security of China’s financial System
5.9 Why did China's financial system quite stable?
5.10 Financial security indicators

Chapter 6 Financial reform and economic recovery

6.1 Management of Bank
6.2 Challenge to the state owned banks after accession of WTO
6.3 Why did performance of SOB so poor?
6.4 How can we recover Asian Economies?
6.5 How can

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