ISBN-13: 9780765606426 / Angielski / Miękka / 2000 / 312 str.
ISBN-13: 9780765606426 / Angielski / Miękka / 2000 / 312 str.
This book by a distinguished academic and a professional economist from the World Bank clearly demonstrates the significant role played by the real estate sector in inducing the Asian crisis; the linkage of the real estate sector to the general economy; the causes of real estate booms and subsequent busts; and the economic costs of real estate price volatility. The book also includes suggestions for moderating such volatility in the future.