The Asian Financial Crisis 20 years on: part two

Thailand learnt many positive lessons from the Asian Financial Crisis, which would stand it in good stead if only it could sort out its messy politics.
Thailand joins the AIIB
Thailand joins the AIIB

FinanceAsia has been marking the 20th anniversary of the Asian Financial Crisis with a series of three articles examining it through the prism of the country, which triggered it all Thailand.

Yesterday, a group of four leading Thai politicians, bankers and experts recalled their feelings in the run up to and immediate aftermath of the fateful day when Thailand let its currency float freely on July 2 1997.

As they concluded in part one of the series, Thailand's swift recovery from the devastating upheaval, which rocked the region, was not necessarily the best outcome for the country's long-term development.

Here in part...

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