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Master's Professional Reports Abstract

The 1997 Southeast Asian Currency Crisis

The countries of Southeast Asia underwent tremendous currency and stock market turmoil in the fall of 1997. Particularly hard hit was Thailand, where the baht fell be 25% in less than three months.

In this report I analyze the factors that led to the recent Southeast Asian currency crisis. I also consider the exchange rate and capital control policies Thailand should adopt to prevent future crises of the current one's magnitude.

--Author's foreword.