"In association with the Chung-Hua Institution for Economic Research."

Includes bibliographical references and index.

PART I Financial system and financial crisis; 1. The global financial crisis: lessons for Taiwan; 2. A perspective on the US dollar after the current financial crisis: lessons from the fall of the pound sterling and the gold standard after World War I; 3. De-privatization? Case studies of government banks' performance in developing countries during the financial crisis; PART II Impacts, consequences and policy responses. 4. Why world exports are so susceptible to the economic crisis: the prevailing 'export overshooting' phenomenon, with particular reference to Taiwan; 5. The impact of the global financial crisis on the Taiwanese economy and its industrial policy in response; 6. The American crisis and Korean financial distress; 7. Why was Japan hit so hard by the global financial crisis?; 8. China's policy responses to the global financial crisis; PART III Policy constraints; 9. Fiscal discipline in the recovery from a global financial crisis. 10. A challenge to sustainable development: the dual crisis of energy and the economy.