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Financial Crisis in Asia: 1997-1998 (Abridged)
Pill, Huw; Di Tella, Rafael; Schlefer, JonathanCase HBS-709004-EEconomicsWhat caused the 1997-98 Asia Crisis: Asian nations' poor economic management, international financial contagion, close "crony" relations between local politicians and capitalists? This case examines how the crisis erupted in Thailand and spread in a chain of events that no one-neither Asian financial authorities nor Western economists-had foreseen. The crisis raises questions about how competently financial institutions such as mutual funds manag...Starting at €8.20