From the Global Financial Tsunami to the Property Bubbles In Asia

ebook The Need For A New Discipline On Macroeconomic Management

By Paul Sau Leung Yip

From the Global Financial Tsunami to the Property Bubbles In Asia

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This book discusses the formation of the current huge property bubbles in many Asian economies and the high likelihood of another Asian financial crisis due to the eventual bursting of these property bubbles. In particular, it explains:In view of the huge costs due to the macroeconomic policy mistakes in many developing economies and some advanced economies, this book recommends the development of a new economic discipline on macroeconomic management and rigorous selection procedures of key economic and monetary officials. If properly done, these would help pre-empt financial crises, currency crises and asset bubbles in the future.
From the Global Financial Tsunami to the Property Bubbles In Asia