Jump to navigation. Hal Hill , H W Arndt , editors. In the early s, the World Bank labelled seven East Asian economies -- among them, four in Southeast Asia -- as "miracle economies", which had achieved extraordinarily high rates of economic growth for several decades. For the first time ever, the region's six main, internationally-oriented economies were all growing vigorously.
Finance & Development, March - Impact of the Asian Crisis on Sub-Saharan Africa
Buy This Book in Print. Project MUSE promotes the creation and dissemination of essential humanities and social science resources through collaboration with libraries, publishers, and scholars worldwide. Forged from a partnership between a university press and a library, Project MUSE is a trusted part of the academic and scholarly community it serves. Built on the Johns Hopkins University Campus.
OECD: south-east Asian economic outlook to return to pre-crisis levels
The Asian financial crisis was a period of financial crisis that gripped much of East Asia and Southeast Asia beginning in July and raised fears of a worldwide economic meltdown due to financial contagion. Capital flight ensued, beginning an international chain reaction. At the time, Thailand had acquired a burden of foreign debt that made the country effectively bankrupt even before the collapse of its currency.
Expert insights, analysis and smart data help you cut through the noise to spot trends, risks and opportunities. By subscribing with Google you will be billed at a price in your local currency. Sign in. Become an FT subscriber to read: Southeast Asian tiger economies look to avoid crisis repeat Leverage our market expertise Expert insights, analysis and smart data help you cut through the noise to spot trends, risks and opportunities.