Asia's Financial Crisis and the Role of Real Estate

1st Edition

Koichi Mera, Bertrand Renaud

Routledge
Published August 31, 2000
Reference - 312 Pages
ISBN 9780765606426 - CAT# Y181432

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Summary

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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