This book by the World Bank Group examines factors contributing to East Asia's financial collapse and makes suggestions for economic recovery. Seven chapters spanning East Asian trade and competition and the sector at the heart of the crisis--the financial sector, may be downloaded individually. Figures displaying the evolution of interest rates in Indonesia, the Republic of Korea, Malaysia, the...

On December 2 the World Bank released a new 200 page annual report on the global economy which contained thinly veiled criticism of the International Monetary Fund and US Treasury's handling of the Asian financial crisis. The crucial mistake, the report maintains, was their decision to push Asian nations into easing their interest rates, which set off the almost-worldwide recession. While it warns...