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International Economics
What are the differences and similarities
In two crisis in Korean
between the East Asian crisis
and global financial crisis times
Contents
3. Comparison between these big incidents

2. Financial crisis originated from U.S
Causes of Financial crisis originated from U.S
Routes it spreads
Measures after Financial crisis originated from U.S

1. East Asia currency crisis
Causes of East Asia crisis
Results of East Asia crisis
1. East Asia currency crisis
External causes of

East Asia currency crisis

- Panic of international capital
- Weak financial structures and leak of
short-term speculation capital

1. East Asia currency crisis

Capital liberalization came early 1990s.
Short-term international speculation capital starts to influx
into East Asia economy.
The weak economy structure in developing countries
was not prepared.
Inflation, appreciated real exchange rate.
Decrease of competitiveness in …