01731cas a2200253 a 4500 AALejournalIMF001822 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451843859 1018-5941 BD-DhAAL BD-DhAAL Senhadji, Abdelhak. Lending Booms, Real Estate Bubbles and the Asian Crisis / Abdelhak Senhadji, Charles Collyns. Washington, D.C. : International Monetary Fund, 2002. 1 online resource (46 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper examines the link between lending booms, asset price cycles, and financial crises across East Asian countries. Both theoretical arguments and empirical evidence support a strong relationship between bank lending and asset price inflation, especially in the real estate market. While asset price bubbles were present in most Asian countries during the 1990s, their subsequent bust has affected countries quite differently. Some countries underwent severe exchange and financial crises, while others were able to weather the storm with much less damage. This experience underlines the importance of a strong bank regulatory system. Mode of access: Internet Collyns, Charles. IMF Working Papers; Working Paper ; No. 2002/020 Full text available on IMF http://elibrary.imf.org/view/journals/001/2002/020/001.2002.issue-020-en.xml IMF e-Library