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Marking 20 years after Asian financial crisis
News, Bandid Nijathaworn, Published on 29/06/2017
» The devaluation of the baht in July 1997 was a pivotal moment for Asia and the world, not least because it triggered the onset of a major financial crisis, with a contagion that for the first time spread globally. The crisis also brought about an important rebalancing in the global economy as countries in Asia underwent a long and painful period of reform only to emerge much stronger 10 years later to withstand the effects of the global financial crisis of 2008 and lead the world economy in terms of global growth. It was a remarkable story of a successful crisis, a story that needs to be understood and celebrated.
Asia needs policies to avert crisis
News, Bandid Nijathaworn, Published on 05/10/2015
» The last 20 years have been eventful for "Emerging Asia" in terms of policy management as the region survived two major financial crises while seeing the risk of yet another one looming large.
From financial crisis to resilience
News, Bandid Nijathaworn, Published on 24/01/2012
» The development of Thailand's financial sector has been a story of restructuring, adjustment and renewal, following the devastating effects of the Asian financial crisis of 1997.