Concept information
social science subjects
business and management
international business
economics of international business
Preferred term
Asian financial crisis
Definition
- The 1997 and 1998 Asian financial crisis began in Thailand and then quickly spread to neighboring economies. The crisis began as a currency crisis when Bangkok unpegged the Thai baht from the U.S. dollar, setting off a series of currency devaluations and massive flights of capital. [Source: Encyclopedia of Governance; Asian Financial Crisis]
Broader concept
Belongs to group
URI
http://data.loterre.fr/ark:/67375/N9J-T9F8X2LN-D
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