In the years following the Asian financial crisis of 1997-1998, the governments of South Korea and Thailand each have sought to generate economic recovery by expanding domestic credit. The rapid ...

Forbes contributors publish independent expert analyses and insights. I write about economics, markets and policymaking throughout Asia. Here in Asia, the events of 1997 are still, 26 years on, ...

Of the many reasons why Asia (outside of Japan) weathered the Great Recession more ably than other parts of the world, one of the most important was the fact that the region never experienced a ...

The blue-chip Dow briefly hit a record high on Friday, as UnitedHealth's shares jumped after Berkshire Hathaway raised its stake in the health insurer, while investors assessed mixed data to determine ...

The author is an editorial writer of the JoongAng Ilbo. Koreans share a collective anxiety rooted in a traumatic past: the “foreign exchange crisis.” The 1997 Asian Financial Crisis, when Korea’s ...