Wood, Christopher.

The Bubble Economy: Japan's Extraordinary Speculative Boom of the

'80s and the Dramatic Bust of the '90s. Solstice Publishing, 2006.

The data heavily describes Japan's economic bubble in the 1980s. In particular, it analyzes the

characteristics of soaring stocks and real estate and rapid economic growth perfectly and

analyzes the concept perfectly. Through the contents of the book, The Age criticizes policies

that have had problems such as loose regulatory environment, loose monetary policy, and real

estate speculation policy.

The source seems to be an academic source because it writes from a more analytical

perspective. It was also written by an expert on the economic crisis and uses many sources

and references to support its claim.

This data will be used to research and understand the analysis of Japan's bubble economy.

The sources on this topic, which we analyzed about the bubble economy, are particularly

strong. This is the source which can be use, "The bubble was rooted in a combination of

excess liquidity, lax regulation, and a speculative frenzy that drove up asset prices to absurd

levels." (p. 3) "The Bank of Japan's (BOJ) failure to tighten monetary policy until late 1989

was a major contributing factor to the growth of the bubble." (p. 103) "The collapse of the

bubble economy in 1991 marked the end of an era of economic growth and prosperity for

Japan." (p. 245)

Eichengreen, Barry J. The Korean Economy: From a Miraculous Past to a Sustainable

Future. Harvard University Asia Center, 2015.

This data specializes in describing the 1997 financial crisis in Korea. The author of this book

analyzes and explains in detail the factors that contributed to Korea's economic success,

including Korea's export-oriented strategy, technological innovation, and government-led

development policies. Furthermore, this book describes follow-up measures to overcome the

economic crisis.

The source seems to be an academic source because it writes from a more professional and

analytical perspective. It was also written by an expert on the economic crisis and uses many

sources and references to support its claim. An analysis of how to overcome the economic

crisis and the contents presented in relation to growth of the Korean economy can be seen as

examples.

This data will be used to explore and understand the analysis of the Korean currency crisis.

The source on this topic, which we analyzed about the economic crisis, is particularly strong.

This is the source which can be use, "The Korean experience highlights the importance of

economic policies that promote technological innovation and human capital development to

sustain long-term economic growth." (p. 3) "The Korean economic crisis of the late 1990s

was a result of a combination of factors, including high levels of corporate debt, weak

financial sector regulation, and over-reliance on short-term foreign borrowing." (p. 141) "The

reforms implemented after the crisis, including the restructuring of the financial sector and

the promotion of corporate governance, have helped to stabilize the economy and lay the

foundation for sustainable growth." (p. 198)