Can Asia avert a 1997-style crisis?
Published on Monday, September 14, 2015 | Updated on Monday, September 14, 2015
Can Asia avert a 1997-style crisis?
Summary
The on-going financial market turmoil affecting Asia has revived grim memories of the 1997 Asian financial crisis (AFC). In this economic watch, we ascertain whether a repeat of the 1997 crisis is in the offing for East Asian emerging economies or is the economic block better placed this time to withstand prevailing macroeconomic and financial challenges.
Geographies
- Geography Tags
- Asia
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Sumedh Deorukhkar
BBVA Research - Senior Economist
Le Xia
BBVA Research - Chief Economist