Number: 98-434
Title: THE ASIAN (GLOBAL?) FINANCIAL CRISIS, THE IMF, AND JAPAN: ECONOMIC ISSUES
Authors: Dick K. Nanto, Economics Division 
Abstract: This report focuses on several economic aspects of the Asian financial crisis, the International Monetary Fund (IMF), and Japan. It examines the origins, effects, and policy options with respect to the Asian financial crisis, provides information on the size of and actual disbursements under the IMF support packages to Thailand, Indonesia, and South Korea, and discusses issues related to the IMF such as IMF resources, moral hazard, contagion, conditionality, prevention, and transparency. It also examines effects on the U.S. economy in terms of economic growth, the trade deficit, U.S. exports to Asia, and on specific sectors of the economy. Finally, it discusses Japan's economic weakness and how that weakness relates to the Asian financial crisis.
Pages: 34
Date: Updated September 3, 1998