Can "moral hazard" explain the Asian crises?

Can "moral hazard" explain the Asian crises?

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Bibliographic Details
Main Author: Silva, Luiz A. Pereira da
Other Authors: Yoshitomi, Masaru 1932-
Format: Book
Language:English
Published: Tokyo Asian Development Bank Institute [2001]
Series:ADB Institute research paper 29
ADB Institute research paper / Asian Development Bank Institute no. 29
Subjects:
Financial crises > East Asia.
Depressions > 1997 > East Asia.
Risk > Mathematical models.
Capital movements > East Asia.
Economics > East Asia > Psychological aspects.
Externalities (Economics)