The Asian crisis turns global

By: Contributor(s): Material type: TextTextPublication details: Singapore: ISEAS, 1999Description: 123pISBN:
  • 9812300503 (pbk.):
Subject(s): Summary: The Asian currency crisis that started in mid-1997 developed into a global financial crisis by 1998, with the devaluation of the rouble and the Russian government's default on its internal debt. Countries that have fallen victim to the crisis shared a common characteristic; international investors had poured money into their stock markets - in East Asia, Latin America, Russia, and Eastern Europe. This analysis stresses the importance of this international dimension but also identifies the important differences in domestic causes.
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Item type Current library Call number Copy number Status Date due Barcode
Book Mindef Library & Info Centre On-Shelf 337.5 MON (Browse shelf(Opens below)) 1 Available 0009559
Book Training Institute Library On-Shelf 337.5 MON (Browse shelf(Opens below)) 1 Available 8424-2001

The Asian currency crisis that started in mid-1997 developed into a global financial crisis by 1998, with the devaluation of the rouble and the Russian government's default on its internal debt. Countries that have fallen victim to the crisis shared a common characteristic; international investors had poured money into their stock markets - in East Asia, Latin America, Russia, and Eastern Europe. This analysis stresses the importance of this international dimension but also identifies the important differences in domestic causes.

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