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.
Argentina's economy has been plagued by hyperinflation, debt crises, and currency devaluations since the early 20th century, with key events including the introduction of the convertible peso in 1991 and a major debt default in 2001.
Explore Argentina's complex economic history marked by recurring episodes of inflation, currency devaluation, and stagnation from 1950s-1990s through the lens of key policies, leaders, and global pressures.
Exploring the complexities of hyperinflation, its causes and consequences on economies worldwide.