Statements (40)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
financial crisis
|
| gptkbp:aftermath |
economic reforms
increased regulation of financial markets greater regional cooperation creation of the Chiang Mai Initiative establishment_of_ASEAN+3 |
| gptkbp:causedBy |
currency speculation
over-investment weak financial systems |
| https://www.w3.org/2000/01/rdf-schema#label |
Asian Financial Crisis
|
| gptkbp:impact |
gptkb:Malaysia
gptkb:South_Korea gptkb:Thailand Indonesia |
| gptkbp:influencedBy |
political instability
global economic conditions foreign investment patterns |
| gptkbp:ledTo |
increased poverty
banking crises devaluation of currencies |
| gptkbp:legacy |
development of early warning systems
enhanced role of international financial institutions focus on sustainable economic policies increased awareness of financial vulnerabilities greater emphasis on transparency in financial reporting |
| gptkbp:notableEvent |
influence on future financial crises
impact on global markets increased scrutiny of hedge funds restructuring of corporate debt political_changes_in_Thailand Indonesian_economic_collapse Korean_won_crisis Malaysian_capital_controls Thai_baht_devaluation rise_of_the_Asian_Development_Bank's_role social_protests_in_Indonesia |
| gptkbp:occursIn |
1997
|
| gptkbp:resultedIn |
social unrest
economic recession IMF intervention |