Gender World Affairs Zoology . The history of the crisis is traced to its very beginnings. The devaluation of the baht as the incident that sparked the crisis is included and the consequences of the decision is highlighted as well. United States and European involvement is detailed and predictions for the future are also included.
Bibliography lists more than a dozen sources.
The Asian economic crisis of 1997 hit hard the people of Thailand. Fingers point to bad financial investments by politically skewed businessmen as the culprit of what literally crippled several Asian countries, nearly driving them into bankruptcy. The writer touches upon the initial causes, effects and ultimate future outcome for the people of Thailand. Bibliography lists 16 sources. Thailand has endured a long and tumultuous period of development from the time of the early modern age up until present day.