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Case Studies

The Causes of the Asian Financial and Economic Crisis

The East Asian crisis materialised in the middle of 1997 with alarming force and alacrity. More accurately viewed as a period of turbulence rather than a singular event, the crisis was particularly acute in several emerging markets, which had grown accustomed to an almost continuous stretch of strong economic performance over the previous 8-10 years.


1. Background to the financial and economic turbulence of 1997-98

2. Causes

3. Effects of the Crisis

Case Studies