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Asian economic crisis that began in July 1997 has been accompanied by
widespread social distress in the affected countries of Southeast Asia (Indonesia,
Malaysia, Thailand, and the Philippines). A fall in output and incomes in these ...
Asian economic crisis that began in July 1997 has been accompanied by
widespread social distress in the affected countries of Southeast Asia (Indonesia,
Malaysia, Thailand, and the Philippines). A fall in output and incomes in these ...
˹éÒ 5
For the Philippines the major cause of the crisis was mainly the speculative
attacks on the currency. As Thailand's situation worsened in May 1997,
Philippine authorities quickly reacted by intervening in exchange markets and by
raising ...
For the Philippines the major cause of the crisis was mainly the speculative
attacks on the currency. As Thailand's situation worsened in May 1997,
Philippine authorities quickly reacted by intervening in exchange markets and by
raising ...
˹éÒ 6
rates of Malaysia and the Philippines indicate that both economies obviously
contracted in 1998, Malaysia from 7.7 percent in 1997 to —7.5 percent in 1998,
and the Philippines from 5.2 percent down to -0.5 percent between 1997 and
1998.
rates of Malaysia and the Philippines indicate that both economies obviously
contracted in 1998, Malaysia from 7.7 percent in 1997 to —7.5 percent in 1998,
and the Philippines from 5.2 percent down to -0.5 percent between 1997 and
1998.
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adjustments AFAS agricultural Anand Panyarachun ASEAN Asia Asian assets average cost Baht Bangkok Board of Directors business method patents Chairman Chalongphob Sussangkarn Chao Phraya Chao Phraya basin commitments consumer corporate governance developing countries Development Research Institute dry season e-commerce Economic Crisis effective electronic commerce employees employment entrance fee financial crisis foreign economic policy GATS global grams growth illegal workers income increased independent directors Indonesia Internet liberalization listed companies Mahidol University Malaysia marginal cost Migration million Ministry Mode Myanmar national parks negotiations percent in 1998 Philippines poor poverty lines poverty reduction problems producer welfare programs protection revenue rice area safety nets Secretary-General service sectors shareholders Singapore Social Development Board Social Impacts strategy survey Table TDRI telecommunications Thai companies Thai labor Thai Rak Thai Thai workers Thailand Development Research tion trade wage rates World Bank