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Southeast Asia Facing Economic, Political and Social Crisis

In: After the Asian Crises

Author

Listed:
  • Benedetta Trivellato

Abstract

The Southeast Asian countries at the centre of the crisis were for years admired as some of the most successful emerging market economies, owing to their rapid growth and striking gains in their populations’ living standards. With generally prudent fiscal policies and high rates of private savings, they were seen as models for many other countries.1 Even if there had been some forecasts of growth slowdown in the nineties,2 few considered these countries likely to have become involved in a spiral of financial and economic crises. Even if widespread currency devaluations seem to have come to a halt, the aftershocks in the countries of the region are continuing.

Suggested Citation

  • Benedetta Trivellato, 2000. "Southeast Asia Facing Economic, Political and Social Crisis," Palgrave Macmillan Books, in: Maria Weber (ed.), After the Asian Crises, chapter 3, pages 50-69, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-333-98298-3_3
    DOI: 10.1057/9780333982983_3
    as

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