Asian Financial Crisis of 1997 started from which of the following countries?
Q. Asian Financial Crisis of 1997 started from which of the following countries?
Answer: Thailand
Notes: The Asian Financial Crisis of 1997, also known as the "Asian Contagion," began in Thailand. The crisis was sparked by a number of factors, including a sharp drop in global demand for the country's exports, a high level of government and corporate debt, and speculative attacks on the Thai currency, the baht. As the crisis unfolded, it spread to other countries in the region, including Indonesia, South Korea, and Malaysia.

 

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