Asian Financial Crisis (1997)
GPTKB entity
Properties (38)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
financial crisis
|
| gptkbp:aftermath |
gptkb:ASEAN+3
economic recovery increased foreign investment regional cooperation initiatives establishment_of_Chiang_Mai_Initiative |
| gptkbp:causedBy |
currency speculation
over-investment |
| gptkbp:currentStatus |
1997
|
| gptkbp:endOfLife |
1998
|
| https://www.w3.org/2000/01/rdf-schema#label |
Asian Financial Crisis (1997)
|
| gptkbp:impact |
gptkb:Malaysia
gptkb:Philippines gptkb:South_Korea gptkb:Thailand Indonesia |
| gptkbp:influencedBy |
political instability
global economic conditions capital flight high levels of debt weak financial systems |
| gptkbp:ledTo |
economic reforms
increased regulation of financial markets greater transparency in financial reporting restructuring of corporate debt strengthening of currency pegs |
| gptkbp:notableFigures |
gptkb:Anwar_Ibrahim
gptkb:Mahathir_Mohamad gptkb:B.J._Habibie gptkb:Kim_Dae-jung gptkb:Chuan_Leekpai |
| gptkbp:resultedIn |
social unrest
economic recession IMF intervention banking sector collapse rise in unemployment fall in GDP |
| gptkbp:triggerType |
devaluation_of_Thai_baht
|