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Globalisation and the Global Economy · Semester 2

1997 Asian Financial Crisis: Impact and IMF

Students examine the consequences of the 1997 crisis and the role of the International Monetary Fund (IMF).

Key Questions

  1. Assess the impact of the IMF's structural adjustment programs on affected nations' recovery.
  2. Analyze the political and social consequences of the crisis in countries like Indonesia.
  3. Explain how the crisis led to calls for regional financial cooperation.

MOE Syllabus Outcomes

MOE: Global Economy and Globalisation - JC2
Level: JC 2
Subject: History
Unit: Globalisation and the Global Economy
Period: Semester 2

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