ASYA KRİZİNİN DİNAMİKLERİ

Everyone accepted that the Asian crisis, which broke out in July 1997 in Thailand, was the most serious financial crisis since the breakdown of the Bretton Woods system in the early 1970s, in terms of both its scope and its effects. The severity of the crisis has generated an enormous and growing volume of literature on the causes and effects of the East Asian turmoil. This paper examines the most important internal and external dynamics of the Asian crisis and the interaction between those dynamics.