วารสารวิจัย มข. ฉบับสาขามนุษยศาสตร์และสังคมศาสตร์
ISSN 2350-9767
ภาษาไทย | English

ปีที่ 5 ฉบับที่ 2 May - August 2015

Impact and Response of Asian Economic Crisis and Global Imbalances of Emerging Market Economies
Thanet Wattanakul*

Deputy Dean of the Faculty of Integrated Social Sciences and Lecturer of Economic Department Consultant of Indo-China Economy Research Division Khon Kaen University, Nong Khai Campus, Muang, Nong Khai, Thailand 43000 E-mail: thanet.w@nkc.kku.ac.th, thanetwat@hotmail.com


Abstract

       This paper aims to examine and describe the impact and response of Asian debt crisis and global imbalances particularly of emerging market economies. It is necessary to explain the related backgrounds to address the objective. These backgrounds consist of Asian debt crisis, current global imbalances situation and importance of emerging market driven economies. The qualitative and documentary research applied to achieve the main objectives. The other objective is to propose reliable and plausible policy implementation. According to the fidings and results of study, it can be stated that the perforation and role of regional economic integration especially in the ASEAN region as ASEAN Economic Community (AEC) will be included. This is possible instrument to develop the economic integration level of this region to be deep economic integration as single market to decrease the global economy imbalances and accelerate mutual benefis. JEL: F31, F33, F36, F38
Keywords: Asian Economic Crisis, Global Imbalances and Emerging Market Economies

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