This paper develops an interpretation of the Asian meltdown focused on moral hazard as the common source of overinvestment, excessive external borrowing, and current account deficits. To the extent th
This database holds the papers that were included in the literature review after performing a keyword search in Web of Science and Scopus. Inclusion criteria were used to select the papers into the da
Asia differs substantially among and within its regions populated by diverse ethnic groups, which maintain their own respective cultures and dietary habits. On the other hand, Oriental and Western cul