Part 1/11:
The 1997 Asian Financial Crisis: Malaysia's Stand and the Path to Sovereignty
The Asian financial crisis of 1997 was a pivotal moment in the economic histories of Thailand, Indonesia, South Korea, and Malaysia. As currency collapses and financial turmoil swept across emerging markets, these nations had to make critical decisions to safeguard their economies. While most countries turned to the International Monetary Fund (IMF) for bailouts, Malaysia charted a distinct course, opting to reject external rescue measures and implement unorthodox policies that aimed to preserve national sovereignty and stabilize its economy.