Abstract
There are four factors involved in the 1997 financial crisis in Asia that have caused surprise. This paper suggests that an understanding of the role of derivatives contracts in facilitating the financial flows to Asia may provide a key to understanding them.
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© 2001 Cambridge Political Economy Society
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Kregel, J.A. (2001). Derivatives and Global Capital Flows: Applications to Asia. In: Chang, HJ., Palma, G., Whittaker, D.H. (eds) Financial Liberalization and the Asian Crisis. Palgrave Macmillan, London. https://doi.org/10.1057/9780230518629_4
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DOI: https://doi.org/10.1057/9780230518629_4
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-42489-4
Online ISBN: 978-0-230-51862-9
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)