Taking Stock After the Asian Financial Crisis

July 24, 2007

Stephen Schwartz

  • IMF Senior Resident Representative Jakarta.

    TEN years ago this month, the Asian financial crisis began to unfold across the region. The crisis was unprecedented in its nature and severity. While Indonesia was the hardest hit, few countries in the region were left untouched, and before the crisis had ended, the effects were felt around the globe, spreading to Russia, Latin America, and even to financial markets in the United State

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