Thailand and the East Asian Financial Crisis Research Paper by University Student

Thailand and the East Asian Financial Crisis
An analysis of the economy of Thailand as part of the wider East Asian economy.
# 45643 | 3,110 words | 15 sources | MLA | 2003 | AU
Published on Nov 17, 2003 in Economics (International) , Economics (National) , Business (General) , Asian Studies (General)

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The essay examines the conditions in Thailand that led to effective devaluation of the Thai Baht in July of 1997 and the reasons for the "contagion" that affected other East Asian economies. The paper also includes a survey of the reforms undertaken by the Thai Government since the crisis.

Economic Growth before the Crisis
Macroeconomic Policy Mix before the Crisis
Financial Sector before the Crisis
Regulatory Weaknesses before the Crisis
Reasons for Contagion in Other Countries
Survey of Reforms

From the Paper:

"The countries of East Asia have long been called the "Asian Tigers? due to growth rates averaging 8 per cent annually over the past two decades; large rises in per capita income, high domestic savings, low budget deficits and low inflation. However, it appears that the very success of high economic growth of these countries led foreign investors to underestimate the underlying economic weaknesses as the East Asian Financial crisis unfolded."

Cite this Research Paper:

APA Format

Thailand and the East Asian Financial Crisis (2003, November 17) Retrieved September 25, 2023, from

MLA Format

"Thailand and the East Asian Financial Crisis" 17 November 2003. Web. 25 September. 2023. <>