Thai economic crisis of 1997
GPTKB entity
Statements (51)
Predicate | Object |
---|---|
gptkbp:instanceOf |
economic crisis
|
gptkbp:causedBy |
overvaluation_of_the_Thai_baht
|
https://www.w3.org/2000/01/rdf-schema#label |
Thai economic crisis of 1997
|
gptkbp:impact |
Southeast_Asian_economies
|
gptkbp:influenced |
monetary policy
fiscal policy financial regulations economic_policies_in_Thailand |
gptkbp:involved |
public protests
stock market crash economic forecasts trade deficits economic liberalization austerity measures increased poverty political reforms currency speculation capital flight banking reforms decreased foreign investment increased unemployment rates economic recovery plans government bailouts regional economic impacts increased scrutiny of financial institutions international loans increased inflation real estate bubble social programs cuts devaluation of currencies restructuring of debts increased regulation of financial markets enhanced risk management practices speculative attacks reforms in corporate governance foreign debt crisis financial crises in other countries lessons learned for future crises changes in investor confidence global economic implications improved economic indicators post-crisis increased transparency in financial reporting strengthening of the banking sector |
gptkbp:ledTo |
social unrest
economic recession IMF intervention |
gptkbp:occursIn |
1997
|
gptkbp:resultedIn |
political instability
mass unemployment banking sector collapse |
gptkbp:triggerType |
collapse_of_the_Thai_baht
|