The Asian financial crisis of 1997 originated in political and economic dynamics in Thailand,Indonesia,South Korea and Singapore.

Question

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The Asian financial crisis of 1997 originated primarily in Thailand due to the collapse of the Thai baht after the government was forced to float it due to lack of foreign currency to support its currency peg, and it spread to other Asian countries like Indonesia and South Korea, but Singapore was not among the countries where the crisis originated, although it was affected by it.

The Asian Financial Crisis of 1997 Originated in Political and Economic