This study investigates whether implicit government guarantees to the banking system contributed to the 1997 Southeast Asian financial crisis. In particular, I examine the banking systems in Indonesia, Malaysia, Singapore, South Korea, and Thailand. The presence of implicit depo…
This study has analysed the causes of the 1997/98 financial crisis of Thailand by examining the links between the inflow/outflow of foreign capital and the behaviour of private agents (consumers and producers) in that country during the period from 1975 to 1998. Thailand, once k…
The objective of this dissertation is to provide both a theoretical and an empirical investigation of the occurrence and spread of financial crisis, specifically in the context of the Asian financial crisis during the period 1997–1999. This dissertation focuses on three issues: …
The three models developed in this dissertation seek to account for the notable features of the 1994–95 crises in Mexico and Argentina, and the 1997 crises in Thailand, Malaysia, Indonesia and South Korea. In each model, financial market imperfections can lead to strategic compl…
This dissertation examines the determinants of business successes and failures in two developing countries, Indonesia and the Czech Republic, in the 1990's. Knowing these determinants and how they affect performance of operating companies is important for policymakers, who set i…
The study focuses on effects of World Bank and International Monetary Fund (IMF) policies on the Moroccan educational system. For this purpose, several alternative theories of development are first analyzed, conceptually and as to their historical use. Then problems inherent in …
The main purpose of this dissertation is to identify the prominent channels through which financial decisions are transmitted to real economic activities with three different empirical studies. The first essay examines investment behavior and the effects of financing constraints…
The East Asian financial crisis in 1997–1998 had forced the Indonesian banking authority to take actions to mitigate the banking crisis and execute a banking restructuring program. In this dissertation, I discuss issues surrounding the crisis and restructuring events. Chapter 1 …
The 1997-98 Asia financial crisis provides a natural experiment to examine how firms adapt their strategic choices to the changing business environment. In this study, I investigate the evolution of the board and asset structure of the 83 surviving commercial banks in Hong Kong,…
The purpose of this dissertation is to provide insight into an individual family's fertility response to a short term financial shock. As economies develop, the number of children born in a household decreases at both the inter and intra-country level. This paper examines a hous…
The Mexican crisis that took place in 1994 was followed by nearly a decade of frequent and severe financial crises in the emerging economies. These crises episodes that were characterized by dramatic reversals in capital flows and large losses in output are atypical to the more …