Asia's Financial Crisis and the Role of Real Estate

Nonfiction, History, Reference, Historiography, Business & Finance, Economics
Cover of the book Asia's Financial Crisis and the Role of Real Estate by Koichi Mera, Bertrand Renaud, Taylor and Francis
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Author: Koichi Mera, Bertrand Renaud ISBN: 9781315499994
Publisher: Taylor and Francis Publication: July 8, 2016
Imprint: Routledge Language: English
Author: Koichi Mera, Bertrand Renaud
ISBN: 9781315499994
Publisher: Taylor and Francis
Publication: July 8, 2016
Imprint: Routledge
Language: English

This book by a distinguished academic and a professional economist from the World Bank clearly demonstrates the significant role played by the real estate sector in inducing the Asian crisis; the linkage of the real estate sector to the general economy; the causes of real estate booms and subsequent busts; and the economic costs of real estate price volatility. The book also includes suggestions for moderating such volatility in the future.

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This book by a distinguished academic and a professional economist from the World Bank clearly demonstrates the significant role played by the real estate sector in inducing the Asian crisis; the linkage of the real estate sector to the general economy; the causes of real estate booms and subsequent busts; and the economic costs of real estate price volatility. The book also includes suggestions for moderating such volatility in the future.

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