The Mexican bailout helped fuel the East Asian crisis that erupted two years later.
The International Monetary Fund's stern bookkeepers have moved in, and the Asian crisis is history.
"The anticipated growth did not happen because of the Asian Crisis, " says Secretary Tiaoqui.
In the 1997-98 Asian crisis, Indonesia's rupiah dropped by over 75% before gradually creeping back.
Overcoming the Asian crisis was about more than just restructuring and house-cleaning, of course.
The first is the 1997 Asian Crisis and the second is the Plaza Accord of 1985.
Private investment too has fallen from levels seen prior to the Asian crisis in 1998.
The Asian Crisis has slashed trading volumes, helping push the two cities into recession.
As for the U.S. and Europe, the Asian crisis has brought more good than bad news.
But this did not work for long: the Asian crisis knocked the country sideways.
Many companies responded to the Asian crisis by cutting dangerously high levels of debt.
On January 19th it released a big report analysing its response to the Asian crisis.
In early 1998, at the height of the Asian crisis, it was 31% undervalued.
But enough decent banks emerged from the chrysalis of the Asian crisis for lending to resume.
After the Asian crisis in 1997, super-competitive currencies helped exports to boom, but domestic demand has lagged.
After a slow recovery from the Asian crisis of 1997 the euphoria in the Philippines is palpable.
The Asian crisis was a bitter, very recent memory, and choice No. 2 was big, safe and Dutch--Phillips.
The lesson from the Asian crisis of the late 1990s is that systems generally shrink after a blow-up.
As the Asian crisis continues to bite, demand for steel will plummet following that for cars and construction.
The Asian crisis may further drag down the traded-goods sector and push down the prices of imported goods.
Those flows reflect the general perception that emerging-market economies have improved substantially since the Asian crisis of 1997-98.
ECONOMIST: In emerging markets, the bond-market dogs lose their bite
The industrial core is being battered by the Asian crisis: the state's exports contracted by 8.3% last year.
He jointly founded the company in 1988 but had to sell his original stake after the 1997 Asian crisis.
When it does come, it will probably be as serious and as damaging as the Asian crisis of 1998.
FORBES: Things Never End Well, Otherwise They Would Never End
By late 1996, a year before the Asian Crisis hit Korea, Ssangyong Motor's debt was 17 times its equity.
By 1998, the Asian crisis had changed these patterns and investors got burned.
The task has assumed more urgency since the Asian crisis, which drew attention to the perils of lax accounting.
Since the Asian crisis, these countries have kept their currencies down, exporting like mad to restore their external balances.
The Asian crisis is still too recent to measure its impact in detail.
Friedman and Shultz agree that the 1995 IMF bailout of Mexico set the stage for the present East Asian crisis.
应用推荐