Currency Crisis in Thailand: The Leading Indicators

Authors

Quan B. Lai '00, Illinois Wesleyan University

Abstract

Among the developing countries across the globe, those in Southeast Asia have experienced the most economic success within the last several decades. The ASEAN-5’s (Indonesia, Malaysia, the Philippines, Singapore, and Thailand) outstanding economic performance earned them, among other Asian countries, the title Asian Tigers. In the last decade, the annual growth rate of the ASEAN-5 has risen close to 8 %. The economic growth that the Asian Tigers were experiencing seemed indestructible, until the summer of 1997.

Recommended Citation

Lai '00, Quan B. (2000) "Currency Crisis in Thailand: The Leading Indicators," The Park Place Economist: Vol. 8
Available at: https://digitalcommons.iwu.edu/parkplace/vol8/iss1/15