Financial crisis experience

Review the financial crisis experience of either Thailand or South Korea.

1. prepare a chart displaying the dollar exchange rate three years before and three
   years after 1997 financial crisis and the 2008 financial crisis (7 years all together) and
   another chart displaying the current-account balance as a ratio to GDP in the same
   manner as the exchange rate;
2. discuss economic growth before 1996;
3. discuss capital inflow before the crisis and outflow after the crisis;
4. discuss the exchange rate regime;
5. discuss domestic credit supply and asset price boom and bust:
6. explain and compare what happened during the Asian crisis in 1997 and their
   economic performance in response to the 2008 global financial crisis.
   You are expected to recapture what is covered in my lectures. You also need to expand the
   substance of your paper with your own research.

Sample Solution