@article{ref1,
title="Economic crisis in East Asia: the clash of capitalisms",
journal="Cambridge journal of economics",
year="1998",
author="Johnson, Chalmers",
volume="22",
number="6",
pages="653-661",
abstract="The Asian economic model does not exist uniformly in East Asia and is itself only a model, not the complex economic reality of a huge and diverse area. 'Crony capitalism' is an inadequate explanation for what has happened in East Asia. And in the debate between Anglo-American economic orthodoxy and revisionism, the meltdown has tended to confirm the results of revisionist research. There are three main contenders among explanations for the meltdown--all three of which may prove to be true. These are the liquidity-crunch explanation, the overcapacity explanation, and the end-of-the-Cold-War-in-East-Asia explanation.<p />",
language="",
issn="0309-166X",
doi="10.1093/cje/22.6.653",
url="http://dx.doi.org/10.1093/cje/22.6.653"
}