Thesis advisor: Zhijie Xiao / This paper attempts to deliver a side-by-side examination of the similarities and differences between the economies of East Asia (Singapore, Taiwan, Hong Kong, Korea Republic, Thailand, Malaysia, Indonesia, and the Philippines) and China. After the devastating 1997 Crisis, many investing eyes have turned to China as the next Asian growth engine. China has been opening its economy to foreign investors and its accession into the World Trade Organization will push for increased transparency and efficiency. The paper discusses the internal and external forces that drove the economies, with focused attention on its financial systems, using pre-crisis data. With foreign banks allowed entry into China by the end of 2006, its financial system will be an important component in economic longevity. Lastly, the question of whether or not China is vulnerable to a crisis is assessed based on the same factors that caused it in East Asia. / Thesis (BA) — Boston College, 2006. / Submitted to: Boston College. College of Arts and Sciences. / Discipline: Economics Honors Program. / Discipline: College Honors Program.
| Identifer | oai:union.ndltd.org:BOSTON/oai:dlib.bc.edu:bc-ir_102362 |
| Date | January 2006 |
| Creators | Chang, Alexander J |
| Publisher | Boston College |
| Source Sets | Boston College |
| Language | English |
| Detected Language | English |
| Type | Text, thesis |
| Format | electronic, application/pdf |
| Rights | Copyright is held by the author, with all rights reserved, unless otherwise noted. |
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