“1997 Asian Financial Crisis”
1. Explain origin of this crisis. Give me a summary of this crisis, consisting of the reasons of this crisis, and the breadth and extent of the crisis. Identifying countries and markets involved in the crisis –
2. Explain the effects of this crisis on exchange rate of the involved countries in the crisis. Show your reasons using the supply and demand curves of exchange rate. Providing a link between your reasons and international finance theories and their relevant concepts –