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East Asia Economic Crisis

The East Asian economic crisis is the most crucial economic event in the region of the past few decades. The differences of views are being debated in academic and policy circles and reflected in the media. As an Asian, I knew that this crisis had a big impact on Asian economy, so as my book review, I chose chapter 4, ¡°The East Asia Crisis¡± to learn more about this big economic event specifically. This chapter is divided into three main contents. First, the author, Josepf E. Stiglitz, explained about how the crisis worsened. Second, he mentioned mistakes of the IMF to solve the economic problem in Asia. Third, he referred to its recovery and the effect on the future. The author criticized the IMF¡¯s policy and its viewpoint. Overall, I agreed with his point of view about the economic crisis in Asia and the IMF¡¯s policy. In my book review, of the information that the author mentioned, I will focus on the starting point of the Asian crisis and two mistakes that I want to......


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Approximate Word Count: 1000
Approximate Pages: 4 (250 words per double-spaced page)

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