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Comment on “Indonesia After the Asian Crisis”

✍ Scribed by Siow Yue CHIA

Book ID: 111384311
Publisher: John Wiley and Sons
Year: 2007
Tongue: English
Weight: 49 KB
Volume: 2
Category: Article
ISSN: 1832-8105
DOI: 10.1111/j.1748-3131.2007.00060.x

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The collapse of the exchange rate regime for the Thai currency in July 1997, and the `contagion' it unleashed in international ®nancial markets, appeared for a time to threaten economic welfare at a global level. If monetary relaxation in the major centres has succeeded in containing the threat, it