Causes of the Asian Financial Crisis

Introduction: There appears to be many theories and proclaimed reasons for the Asian financial crisis, which I guess is to be expected in a topic which is predominately to do with economics. So instead of going through each and every one of these theories, I will take a view of what I can see as a creditable and logical explanation of why the Asian financial crisis occurred. Leading up to the Asian Financial Crisis, the …

…release, 30/01/98, 'THE FINANCIAL CRISIS IN EAST ASIA', TAD/INF/BN/9801 Accessed via: http://www.unctad.org/Templates/Webflyer.asp?docID=3271&intItemID=2068&lang=1 4/5/06 at 9:06pm Dick K. Nanto, February 6, 1998, CRS Report, 'THE 1997-98 ASIAN FINANCIAL CRISIS' Accessed via: http://www.fas.org/man/crs/crs-asia2.htm 2/5/06 at 2:35pm IMF Fact sheet, 1999, 'The IMF's Response to the Asian Crisis' Accessed via: http://www.imf.org/external/np/exr/facts/asia.html 22/4/06 at 10.04am