Globalization and currencies

Article Abstract:

An important factor contributing to the financial crises in Thailand, Malaysia, Indonesia and the Philippines is the slowness with which these countries reacted to the globalization of financial markets. A range of forces, including technological advances, combined to lead to large private capital inflows into developing countries. The countries failed to make the best use of the capital and to properly manage the risk of large outflows. The new speed and intensity with which global financial markets are able to react also highlights poor policy-making and weak financial institutions.

Financial Services, Finance and Insurance, Evaluation, Column, Thailand, Indonesia, Malaysia, Financial markets, Philippines

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The microeconomic rise of India

Article Abstract:

A comparison of macroeconomic and microeconomic indicators of India and China is presented. China is ahead of India at a macroeconomic level. However, India is ahead of China at a microeconomic level.

China, India, Comparative analysis, Macroeconomics, Microeconomics

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