Essays Tagged: "1997 Asian financial crisis"

The "Asian financial crisis", did not solely affect the countries of Asia but also had an impact on other world economies including the United States.

y as well as predictions of long run effects in the future."Asian financial crisis" started in July 1997, when speculators and Thai residents were trying to sell the baht and buy U.S. dollars, because ... elief.As per the article, "Steel from South Korea Worries U.S.", since the Asian economic crisis in 1997, foreign currencies depreciated causing inexpensive steel imports from Korea. Total steel expor ...

(9 pages) 378 2 3.3 Dec/2002

Subjects: Businesss Research Papers > Markets & Exchanges

Economic History : Asian Financial Crisis

growth in many of the worlds important industries. The financial crisis that erupted in Asia in mid-1997 has led to sharp declines in this growth. Currencies, stock markets, and asset prices have all ...

(8 pages) 346 1 4.2 Mar/2003

Subjects: Social Science Essays > Economics > Economic History

"Asian Values" vs. "mcWestern Values"

aid since the demands were coming from western foreigners. Ultimately, the Asian economic crisis of 1997 led to modern reform, revealing the inevitable need for an economic policy change within the go ...

(5 pages) 112 1 3.7 Apr/2004

Subjects: Social Science Essays

The Asian Economy Crisis

uch a crisis in the future and the reasons for and against certain exchange rate regimes.It was mid-1997; the' Asian Miracle' was still in full bloom when the Asian economic crises erupted. What follo ... n, demand for the baht decreased drastically putting downward pressure on the baht. By late June of 1997, Thailand' s liquid foreign exchange reserves were extremely low and the authorities were force ...

(11 pages) 347 0 4.6 May/2004

Subjects: Businesss Research Papers

How and why do you think that corporate governance and the principles of transparency have moved up the public agenda?

Corporate governance gained immense importance subsequent to the Asian financial crisis in mid-1997. Companies that used existing resources in an inefficient way and did not conform to internatio ...

(1 pages) 108 0 3.0 Jul/2004

Subjects: Businesss Research Papers > Marketing

Financial Services Industry Report.

obal economy evolving, becoming increasingly more interdependent. The Asian financial crisis of mid-1997, which additionally exposed many flaws in Asian financial institutions, illustrates this well.T ...

(6 pages) 226 0 4.3 Feb/2006

Subjects: Social Science Essays > Economics

Fiscal Management, A Must for Us.

ce economic growth but the seeds of incentives and tariff reductions were aborted by a storm of the 1997 Asian financial crisis. But it provided a lesser impact in our economy compared to our Asian ne ...

(2 pages) 23 0 2.0 Feb/2006

Subjects: Social Science Essays > Economics

Current Account Deficit in Australia - Causes, effects & recent trends (PLAN)

994-95The fluctuations in Australia's CAD has mainly been a result of the Asian financial crisis in 1997-98, which caused demand for our exports to drop dramatically, drought, which has sharply reduce ...

(2 pages) 30 0 0.0 May/2006

Subjects: Social Science Essays > Economics

Causes of the Asian Financial Crisis

pour funds into the region, and sovereign credit ratings remained extremely favourable until early 1997, when pressures mounted and reserves fell rapidly as net capital inflows were not sufficient to ... re not sufficient to meet the widening current account deficits. The crisis broke out in early July 1997, when the Bank of Thailand could no longer maintain the currency within the fluctuation band in ...

(5 pages) 171 0 4.5 Jun/2006

Subjects: Social Science Essays > Economics

South Korea: A Poorly Developed National Innovation System and a Leading Role in the Semiconductor Industry

technology adoption and adaptation, and expansion to the world market.The Asian financial crisis in 1997 exposed fundamental structural weaknesses in the country's economy such as corruption and collu ... re capital market, which had not been corrected until the recent compulsory reform triggered by the 1997 financial crisis.2. GovernmentFirst government research institutes ("GRIs") were formed in Sout ...

(42 pages) 115 1 4.5 Jun/2007

Subjects: Social Science Essays > Economics > Foreign & International Economics

Globalization: Pros and Corns

ns. Such lack of consistency is almost universal of all the ideas and globalization is no different.1997 brought up some interesting strings of events that provided strong arguments to feel skeptic or ...

(5 pages) 67 0 0.0 May/2008

Subjects: Social Science Essays > Economics

The Return of Depression Economics

re never to be seen again. However, the currency panics and economic crisis's suffered beginning in 1997 resemble the events of the Great Depression. In fact, Japan has experienced a larger and longer ... ns today on their anticipation of the future, thus there is no such thing as equilibrium.In July of 1997, Thailand devalued its currency the baht, and started a devaluation landslide swallowing much o ...

(5 pages) 48 1 4.3 Jun/2008

Subjects: Social Science Essays > Economics > Economic History

The Background of Asian financial Crisis

ttle understanding of the financial crisis, I want to know more about the Asian financial crisis in 1997. Also it is relative with my subject; these topics are full of challenges, temptations and know ... ing crises; it also shows a mix financial crisis.1.1The background of Asian financial crisisIn July 1997, the Asian financial crisis from Thailand to start, the Thai baht was devaluation at that time. ...

(23 pages) 71 0 3.0 Apr/2009

Subjects: Social Science Essays > Economics > Economic History

Macroeco- Budget Deficits

ents of fiscal policy. Moreover, Malaysia have been experiencing prolonged budget deficit since the 1997 Asian crisis, therefore, this stimulus package had further widen the Malaysian budget deficit f ...

(4 pages) 21 0 0.0 Aug/2009

Subjects: Businesss Research Papers > Accounting

Impact of current economic crisis on Singapore

r course of buisness cycle" inflation in Singapore was 2.1%, highest since Asian economic crisis in 1997. The inflation was cost based owing to 2 major sources:Internal source:GST (goods and services ...

(7 pages) 42 0 0.0 May/2010

Subjects: Area & Country Studies Essays


wed around a hundred thousand dollars, and his peso exposure was around Php 3 million. However, the 1997 Asian crisis hit, and all of a sudden, the peso lost 50% of its value, so he was stuck with a h ...

(5 pages) 2 0 0.0 Jan/2014

Subjects: Businesss Research Papers > Case Studies

Business Analysis of Indonesia

at performance the country regained its investment grade rating in late 2011 after losing it in the 1997 ("Indonesia's Economy," 2013; "Trading Economics," 2013).The economy has become more balanced w ...

(19 pages) 1 0 0.0 Dec/2014

Subjects: Businesss Research Papers