The Asian Financial Crisis 20 years on: part two

Thailand learnt many positive lessons from the Asian Financial Crisis, which would stand it in good stead if only it could sort out its messy politics.
Thailand joins the AIIB
Thailand joins the AIIB

FinanceAsia has been marking the 20th anniversary of the Asian Financial Crisis with a series of three articles examining it through the prism of the country, which triggered it all Thailand.

Yesterday, a group of four leading Thai politicians, bankers and experts recalled their feelings in the run up to and immediate aftermath of the fateful day when Thailand let its currency float freely on July 2 1997.

As they concluded in part one of the series, Thailand's swift recovery from the devastating upheaval, which rocked the region, was not necessarily the best outcome for the country's long-term development.

Here in part...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222