Asian Financial Crisis 1997

GPTKB entity

Predicate	Object
gptkbp:instanceOf	gptkb:economic_crisis
gptkbp:affectedArea	gptkb:Hong_Kong gptkb:Indonesia gptkb:Japan gptkb:Malaysia gptkb:Philippines gptkb:South_Korea gptkb:Thailand
gptkbp:alsoKnownAs	Asian currency crisis
gptkbp:category	financial crises Asian history 1990s economic history
gptkbp:cause	collapse of Thai baht overleveraged economies speculative attacks on currencies weak financial sector regulation
gptkbp:endDate	1998
gptkbp:impact	regional economic integration rise of China as economic power reforms in financial regulation changes in IMF policies
gptkbp:location	gptkb:Southeast_Asia gptkb:East_Asia
gptkbp:notableOrganization	gptkb:Asian_Development_Bank gptkb:International_Monetary_Fund gptkb:World_Bank
gptkbp:notablePerson	gptkb:Kim_Dae-jung gptkb:Suharto gptkb:Mahathir_Mohamad
gptkbp:relatedEvent	Russian financial crisis 1998 Global Financial Crisis 2008
gptkbp:result	gptkb:economic_crisis bank failures social unrest unemployment increase IMF intervention stock market declines political changes currency devaluations
gptkbp:startDate	1997
gptkbp:triggerDate	July 2, 1997
gptkbp:triggeredBy	devaluation of Thai baht
gptkbp:bfsParent	gptkb:World_Economy
gptkbp:bfsLayer	7
https://www.w3.org/2000/01/rdf-schema#label	Asian Financial Crisis 1997