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Although southern African economies appear to have escaped the initial phase of the East Asian economic crisis relatively unscathed, the second stage of the contagion was somewhat less benevolent in its influence on southern African economies. This paper seeks to investigate the impact of the Asian contagion on southern African economies within a general equilibrium framework. We use the GTAP (Global Trade Analysis Project) model to examine the implications of the Asian crisis for southern African economies. Bien que les économies des pays du sud de l’Afrique semblent avoir échappées à la première phase de la crise économique de L’Asie de l’est, l’effet de la deuxième phase a été plus néfaste envers les économies des pays sud africains. Cet article cherche à enquÁter sur l’impact qu’a eu la contagion asiatique sur les économies des pays sud africains dans un cadre d’équilibre général. Nous utilisons le modèle du GTAP (Global Trade Analysis Project) afin d’interpréter les implications de la crise asiatique sur l’économie des pays sud africains.
African Development Review – Wiley
Published: Dec 1, 2002
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