By Sandhya Ravishankar
In India’s own backyard, in 1997, billionaire hedge fund investor George Soros sent several Asian economies tumbling as he shorted the Thai Baht. A domino effect began, resulting in misery and economic collapse of many Asian countries such as Thailand, Indonesia, Malaysia and South Korea among others.
Professor Dr Marie-Aimée Tourres is a French development economist based in Malaysia who has authored a book titled ‘The Tragedy That Didn’t Happen’ on the 1997-98 Asian financial crisis. Professor Marie was in Malaysia at the time of the economic collapse and has a first-hand account of what unfolded that fateful year.
Here’s an exclusive interview with Professor Marie.
Do watch and share.