In mid-1997, a major crisis embraced the economies of Southeast Asia. Its effects were severe, particularly on the countries of the Association of Southeast Asian Nations, many of whose currencies suffered market devaluations.
Roger Strange is Senior Lecturer in Economics at King's College in London. Jim Slater is Director of The Graduate Center at Birmingham Business School.Corrado Molteni is Professor at the University Commerciale Luigi Bocconi, Milan.
