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The Asian financial crisis
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| Submitted: Thu Jul 11 2002
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Contents: Page 1 Contents page. Page 2 Introduction and Analysis. Page 3 Analysis. Page 4 Analysis and Conclusion. Page 5 Appendix 1 - A number of graphs to show the gross domestic product values from 1996 to 2000 for Korea, Thailand and Indonesia. Page 6 Appendix 2 - Two graphs to show levels of debt in the Indonesian economy. Page 7 Appendix 3 - An aggregate supply curve to show the effect of a fall in full capacity output on price levels. Appendix 4 - A graph to show the current account balance of Indonesia between 1996 and 2000. Page 8 Appendix 5 - Select economic indicators for Indonesia and other East Asian countries. Page 9 Bibliography. Introduction. The Asian financial crisis was triggered in April 1997 when the depreciation of the Thai baht caused a contagious effect on the currencies of Malaysia, Indonesia, the Philippines and then South Korea. This soon led to a region-wide economic contraction in which GDP crashed in one country after another1. The economic...
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