Since July, 1997, a crisis in currency markets has been running into Asian countries. These countries which were known as high performance Asian economic countries (HPAEs) were suddenly knocked down by a prolonged crisis.
The Economic Journal of Emerging Markets (EJEM) is a peer-reviewed journal which provides a forum for scientific works pertaining to emerging market economies. Published every April and October, this journal welcomes original research papers on all aspects of economic development issues. The journal ...