The Asian Financial Crisis: Origins, Implications, and So...
Hunter, William C. / Krueger, Thomas H. / Kaufman, George G.
In the late 1990s, Korea, Thailand, Indonesia and Malaysia experienced a series of major financial crises evinced by widespread bank insolvencies and currency depreciations, as well as sharp declines in gross domestic production. This sudden disruption of the Asian economic `miracle' astounded many observers around the world, raised questions about the stability of the international financial system and caused widespread fear that this financi...
