Country Failure Evaluation: Thai Baht
Number of pages:
5
ABSTRACT:
5 pages in length. Considered an emerging market with regard to country risk assessment, one cannot proceed with the Thai baht failure evaluation without first noting how Thailand's economic presence was inextricably linked to all of Asia as a whole. Prior to the Asian Economic Crisis, Thailand held the strongest economic position in all of Southeast Asia. The country's financial situation was strong and, for the most part, it maintained a stable monetary system. However, all of that changed quite drastically in July, 1997, when the plummet of the Thai baht sent its entire economic status into a tailspin, ultimately threatening the world's economy, as well. Bibliography lists 10 sources.
FILE NAME:
File: LM1_TLCThaiB.rtf
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