Myanmar's banking crisis.(Research Notes): An article from: ASEAN Economic Bulletin

This digital document is an article from ASEAN Economic Bulletin, published by Institute of Southeast Asian Studies (ISEAS) on December 1, 2003. The length of the article is 6975 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the author: In early 2003 Myanmar experienced a severe banking crisis. Triggered by a collapse amongst a cohort of informal finance companies, the resultant panic quickly sparked a crisis of confidence in the country's nascent private banking sector. Prompt and credible liquidity support to the banks could have limited the damage, but Myanmar's monetary authorities proved unequal to the task. This paper examines the course taken by Myanmar's latest financial crisis, presents a critique of the policy responses to it and concludes with some thoughts on how the damage it wrought on the real economy could have been avoided.

Citation Details
Title: Myanmar's banking crisis.(Research Notes)
Author: Sean Turnell
Publication:ASEAN Economic Bulletin (Refereed)
Date: December 1, 2003
Publisher: Institute of Southeast Asian Studies (ISEAS)
Volume: 20 Issue: 3 Page: 272(11)

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