Woo Says: The Asian Financial Crisis: Malaysia’s Maverick Gamble
AWANI
2025-09-10
Views 20
This episode of #WooSays is Part 2 of our mini-series on the Asian Financial Crisis of 1997–98, where Professor Emeritus Datuk Woo Wing Thye and Melisa Idris zoom in on Malaysia.
When the Thai baht’s collapse triggered currency turmoil across Asia, Malaysia was swept up in the storm. The ringgit crashed, speculation raged, and pressure mounted to accept the IMF’s “medicine.” This episode explores how Malaysia navigated the crisis, the costs and benefits of its bold choices, and the lasting effects on the economy.
When the Thai baht’s collapse triggered currency turmoil across Asia, Malaysia was swept up in the storm. The ringgit crashed, speculation raged, and pressure mounted to accept the IMF’s “medicine.” This episode explores how Malaysia navigated the crisis, the costs and benefits of its bold choices, and the lasting effects on the economy.
Report form
RELATED VIDEOS
