Thailand / Indonesia / Malaysia / United States / China / Philippines / Mexico / /
Currency
USD / /
Facility
Harvard Institute / /
IndustryTerm
real estate / weak banks / bank credit / real estate ventures / bank credits / hasty bank closures / bank / bank closures / electronics / printing money / deposit insurance / finance / bank closings / real estate developments / bank run / /
Organization
Asian government / International Monetary Fund / US Federal Reserve / Harvard Institute for International Development / /
The Wrong Medicine for Asia By JEFFREY D. SACHS CAMBRIDGE, Mass. In a matter of just a few months, the Asian economies went from being the darlings of the investment community to being virtual pariahs. There was a touch