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Globalisation and the Global Economy · Semester 2

The 1997 Asian Financial Crisis: Causes

Students analyze the underlying causes and triggers of the 1997 Asian Financial Crisis.

Key Questions

  1. Analyze the role of speculative capital flows and weak financial regulations in the crisis.
  2. Explain how a currency crisis in Thailand rapidly spread across the Asian region.
  3. Evaluate the extent to which 'crony capitalism' contributed to the vulnerability of Asian economies.

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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