ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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East Asian Dilemma Is There a Way Out

East Asian Dilemma Is There a Way Out

East Asian Dilemma: Is There a Way Out? Jayati Ghosh Abhijit Sen C P Chandrasekhar The financial crises in east and south-east Asia show no signs of resolution, and the IMF medicine that is being imposed on several of the most badly affected economies may actually intensify their problems. But are there any other options now available to countries that had based their rapid economic growth on high rates of investment combined with a mercantilist export strategy?

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