Asia and the Global Financial Crisis: Conference Summary
By Reuven Glick and Mark M. Spiegel
“Asia and the Global Financial Crisis,” the first Asia Economic Policy
Conference of the Federal Reserve Bank of San Francisco's Center for Pacific Basin Studies, examined
the impact of the crisis on Asian nations and the responses of policymakers. Although nations
in the region were deeply affected, they generally recovered more quickly and vigorously than
other industrial and emerging markets thanks to strong economic fundamentals and reforms enacted
following financial crises in the 1990s.
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