After the Asian economic crisis, Asian countries saw the highs and lows of the costs and benefits of liberalization. When capital flows into a country it increases the invisible resources and catalyzes growth. But when a capital outflow takes place in unexpected pace and quantity, it plays havoc with the country’s economy as seen in East Asia. Important case studies on this subject here are those of India, Korea, Thailand, Japan and China.
ABOUT THE AUTHOR V. Subbulakshmi
V. Subbulakshmi is a computer science engineer from College of Engineering, Guindy, Chennai and a Chartered Financial Analyst from the Institute of Chartered Financial Analysts of India (ICFAI). She is a regular contributor of articles to various magazines in the area of Finance and Banking. She has also co-authored two articles in “Treasurers’ Handbook†published by Treasury Management International (TMI), UK. She is a member of banking research group of the ICFAI University and is currently working as a faculty member at ICFAI Books, an affiliate of the ICFAI University. She has already edited a few books published by the ICFAI University Press.
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