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Asia Falling: Making Sense of the Asian Currency Crisis and Its Aftermath (BusinessWeek books)

Asia Falling: Making Sense of the Asian Currency Crisis and Its Aftermath (BusinessWeek books)

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Rating: 4 stars
Summary: Insightful account for 1997 Asian currency Crisis
Review: The Auther explain the underlining historical events ( e.g. the ups and down of dollar Yen exchange rate) that lead to the boom and bust of the Asian economics. He also account for the 1994 Mexico financial crisis in similar manner. Useful for understanding events shaping the world's economics.

Rating: 2 stars
Summary: "Ora tau, Mingkem"(Javanese expression)
Review: This book is well written which makes it a usefull tool to improve my English.The content is OK, but nothing worth it to rave about.(Perhaps,the author need to visit Continent of Asia little more often.)

Rating: 2 stars
Summary: 20/20 hindsight
Review: This is a good book -- it tells what we already know. Too bad that the author could not predict any of these events -- but then of course hindsight is always 20/20! I do not think this book helps one to do business in Asia. One major drawback - the author seems to have no understanding of Asian business and seems not to have sullied his conclusions by speaking with any Asians. Read this book for a glimpse of perfect hindsight -- but read also "New Asian Emperors: the Overseas Chinese their Strategies and Competitive Advantages" by George T. Haley for a more fair appraisal of the Asian situation and a terrific understanding of Asian business.


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