1997 Asian financial crisis

GPTKB entity

Statements (58)
Predicate Object
gptkbp:instance_of gptkb:historical_event
gptkbp:bfsLayer 4
gptkbp:bfsParent gptkb:Treaty_of_Paris_1984
gptkbp:affiliated_with gptkb:International_Monetary_Fund
gptkb:World_Bank
gptkb:Asian_Development_Bank
gptkbp:caused_by speculative attacks
gptkbp:followed_by gptkb:2008_financial_crisis
gptkbp:highlights vulnerabilities in emerging markets
importance of financial regulation
need for economic stability
https://www.w3.org/2000/01/rdf-schema#label 1997 Asian financial crisis
gptkbp:influenced regional cooperation
future economic policies
financial safety nets
gptkbp:influenced_by global economic conditions
gptkbp:involved_countries gptkb:Indonesia
gptkb:Malaysia
gptkb:Monarch
gptkb:Philippines
gptkb:Thailand
gptkbp:is_aimed_at devaluation of the Thai baht
gptkbp:is_analyzed_in economic studies
gptkbp:is_characterized_by gptkb:stock_market_index
capital flight
high unemployment
high inflation
gptkbp:is_discussed_in political discourse
gptkbp:is_documented_in gptkb:archaeological_site
gptkbp:is_studied_in economists
political scientists
gptkbp:led_to gptkb:social_unrest
regulatory changes
political changes
austerity measures
financial reforms
increased foreign investment scrutiny
enhanced risk management practices
establishment of ASEAN+3
creation of Chiang Mai Initiative
greater economic integration in Asia
regional financial architecture reforms
gptkbp:preceded_by Japanese asset price bubble collapse
gptkbp:resulted_in gptkb:historical_event
banking sector reforms
currency depreciation
increased poverty rates
increased inequality
IMF intervention
banking sector collapse
strengthened financial institutions
decreased living standards
increased public debt
restructuring of corporate debt
improved economic governance
loss of confidence in governments
gptkbp:works_for gptkb:1997
gptkb:1998