Federal Reserve Bank of Chicago
Understanding the Asian crisis: systemic risk as coordination failure
Systemic crises, such as the recent Asian crisis, may be due to an inability of individual to optimally coordinate their investment strategies.
Cite this item
David A. Marshall, "Understanding the Asian crisis: systemic risk as coordination failure"
, Federal Reserve Bank of Chicago, Economic Perspectives, issue Q III, pages 13-38, 1998.
Keywords: Financial crises - Asia ; Risk ; Investments
This item with handle RePEc:fip:fedhep:y:1998:i:qiii:p:13-38:n:v.22no.3
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