Asian Financial Crisis 1997

GPTKB entity

Statements (45)
Predicate Object
gptkbp:instanceOf 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
https://www.w3.org/2000/01/rdf-schema#label Asian Financial Crisis 1997
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 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