Statements (51)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:Crisis_intervention
|
| gptkbp:aftermath |
gptkb:ASEAN+3
gptkb:economic_recovery regional cooperation initiatives development of crisis prevention mechanisms greater scrutiny of financial institutions development of social safety nets enhanced risk management practices increased public awareness of economic issues increased foreign direct investment regulations enhanced role of international financial institutions improved economic governance Asian Monetary Fund proposal focus on sustainable economic growth greater collaboration among Asian economies greater emphasis on transparency increased focus on financial stability increased investment in education and health strengthening of regional financial architecture |
| gptkbp:caused_by |
currency speculation
over-investment |
| gptkbp:characterized_by |
high unemployment rates
banking sector collapse devaluation of currencies |
| gptkbp:ended |
gptkb:1998
|
| https://www.w3.org/2000/01/rdf-schema#label |
Asian Financial Crisis
|
| gptkbp:influenced_by |
global economic conditions
capital flight foreign debt |
| gptkbp:involved_countries |
gptkb:Indonesia
gptkb:Malaysia gptkb:Philippines gptkb:South_Korea gptkb:Thailand |
| gptkbp:led_to |
gptkb:social_unrest
gptkb:Crisis_intervention IMF intervention |
| gptkbp:notable_event |
gptkb:Korean_won_crisis
gptkb:Philippine_peso_crisis gptkb:Thai_baht_crisis Indonesian economic turmoil Malaysian capital controls |
| gptkbp:responds_to |
austerity measures
financial reforms structural adjustment programs |
| gptkbp:resulted_in |
political changes
increased poverty increased regulation of financial markets |
| gptkbp:started_in |
gptkb:1997
|
| gptkbp:bfsParent |
gptkb:South_Korea
|
| gptkbp:bfsLayer |
4
|