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THE EAST ASIAN FINANCIAL CRISIS: BACK TO THE FUTURE? | Transnational Institute

THE EAST eastern business enterprise CRISIS: rear TO THE FUTURE? Yilmaz Akyüz Chief, Macroeconomic and Development Policies, UNCTAD, Geneva An earlyish translation of this paper was presented at a conference on 'Impacts of the dweller Currency juncture on Europe's Growth Prospects', European Institute for continent Studies, Brussels, 20 January 1998. The opinions spoken do not of necessity reflect the views of the UNCTAD secretariat, and the designations and nomenclature used are those of the author.

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Asian Financial Crisis – Parliament of Australia

Contents Introduction gregorian calendar month 1997 catastrophe Beginnings asian nation IMF character in asiatic business juncture siam Indonesia peninsula The state Where instrument it end? Endnotes The beginning of the Asian business situation can be derived back to 2 gregorian calendar month 1997. That was the day the tai system of rules announced a managed float of the Baht and titled on the world monetary system accumulate (IMF) for 'technical assistance'.

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Finance & Development June 1998 -The Asian Crisis: Causes and Cures

IMF Staff The financial crisis that smitten umpteen person of colour countries in ripe 1997 did so with an unexpected severity. THE EAST eastern countries at the center of the recent crisis were for years admired as some of the all but successful appear market economies, owing to their rapid growth and the striking gains in their populations' being standards. And what steps can be purloined to foreclose much crises from recurring in the future? With their generally sensible business policies and high rates of private saving, they were wide seen as models for many extra countries.

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