Asia Engulfed in Financial Crisis

In 1997, Thailand’s currency collapsed, setting off a currency contagion that spread across Asia and threatened to take down several economies with it. Thitinan Pongsudhirak, Siwage Dharma Negara, Caroline Atkinson, and Paul Blustein discuss the origins of the crisis and the impact it had on markets across the region. 

Image
Erin L. Murphy
Deputy Director, Chair on India and Emerging Asia Economics and Senior Fellow, Emerging Asia Economics