Asian financial crisis | The Daily Star
  • Banking in dire straits: Will needed to fix ills

    People do not lack strength; they lack will, the French poet and novelist Victor Hugo once said. The words perfectly describe the government’s attitude thus far towards fixing the banking sector.

  • South Korea's looming crisis

    Twenty years after the Asian financial crisis, South Korea seems to have learned its lesson, having taken great pains to strengthen its economic resilience.

  • Asia's unhappy anniversary

    This month marks the 20th anniversary of the Asian financial crisis—or, more precisely, of the event that triggered the crisis: the devaluation of Thailand's baht.

  • Airing the IMF dirty

    Airing the IMF's dirty laundry

    Following the International Monetary Fund's controversial actions in the Asian financial crisis of 1998, when it conditioned liquidity assistance to...