Asian financial crisis

The Asian financial crisis was a financial crisis that started in July 1997 in Thailand, and affected currencies, stock markets, and other asset prices of several Asian countries, many part of the East Asian Tigers. It is also commonly referred to as the Asian currency crisis or locally, although inaccurately, as the IMF crisis.

External Reference

• Michael Pettis, The Volatility Machine: Emerging Economies and the Threat of Financial Collapse Oxford University Press 2001 ISBN 0195143302
• Paul Blustein, The Chastening: Inside the Crisis that Rocked the Global Financial System and Humbled the IMF PublicAffairs 2001 ISBN 1891620819
• Frontline: The Crash, from the PBS series Frontline, unfortunately only the transcript is available and not the episode itself.
• WGBH's Commanding Heights, additional information in Espisode 3 Chapters 11-14.

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