Catalog

Early Warning Systems for Financial Crises: Applications to East Asia

Since the 1997 Asian financial crisis, East Asia has implemented a number of initiatives designed to strengthen monetary and financial cooperation, bolstering the region's resilience to economic and financial vulnerabilities. One such initiative is the ASEAN+3 Economic Review and Policy Dialogue, which includes development of early warning systems for financial crises.

This book presents background papers and case studies commissioned by ADB in support of ASEAN+3 efforts to develop early warning system models. The case studies apply both parametric and nonparametric approaches to early warning system modeling using data from six East Asian countries.

A joint publication of the Asian Development Bank and Palgrave Macmillan

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168 Pages
Price: £50