China's Rise and the Shift in Global Capital Flows
China's economic growth and stability are examined through its unique financial system and policy decisions, influencing global capital flows.
China's economic growth and stability are examined through its unique financial system and policy decisions, influencing global capital flows.
The Asian Financial Crisis of 1997 affected several countries in East Asia, including Thailand, Indonesia, Malaysia, and South Korea, leading to currency devaluation, interest rate hikes, and a significant decrease in foreign investment.
Learn about the Bretton Woods System, a new financial architecture created in 1944 to promote free trade, fixed exchange rates, and controlled capital movements after World War II.