Asian $$Financial $$Crisis July $1997$December $1998$ A $$financial $$crisis $$started $$in $$Thailand in $$July $1997$and $$spread $$across $$East $$

$$Questions

$1)$What $$was $$the $$state $$of $$the $$Thai $$economy $$in $1997$

$2)$In $1997$what $$was $$the $$best $$policy $$for $$the $$Baht$,$Fix $$it$,$float $$it $$or $$peg $$it$?$

$3)$What $$were $$the $$implications $$of $$this $$crisis$?$

$4)$What $$is $$Thailand $$had $$adopted $$the $$US $$dollar $$rather $$than $$pegging $$it

$?$

answer $$this $$question $$base $$on $$the $$article $$provided $$in $$essay $$form$.$