Asia’s Financial Crisis and the Role of Real Estate

Asia’s Financial Crisis and the Role of Real Estate Author : KĊichi Mera, Bertrand Renaud
Publisher : M.E. Sharpe
Pub Date : 2000
Page : 298
Language : en
Rating :

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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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