Financial crises and shifts in global wealth distribution: Asian Crisis to the Global Financial Crisis (1997–2010)

1. Thailand floats the baht, crisis begins

   Jul 2, 1997Labels: Thailand, Baht

   • FRBSF
   • Wiki

2. IMF approves Thailand stabilization program

   Aug 20, 1997Labels: IMF, Thailand

   • US Treasury
   • Japan MOF

3. IMF approves Indonesia Stand-By Arrangement

   Nov 5, 1997Labels: Indonesia, IMF

   • Stanford
   • RBA

4. IMF approves South Korea rescue program

   Dec 4, 1997Labels: South Korea, IMF

   • IMF
   • Japan MOF

5. Russia devalues ruble and defaults domestically

   Aug 17, 1998Labels: Russia, Ruble

   • Wiki

6. LTCM rescued in Fed-organized private bailout

   Sep 23, 1998Labels: LTCM, Federal Reserve

   • Fed History

7. Dot-com boom peaks, then reverses

   Mar 10, 2000Labels: NASDAQ, Dot-com bubble

   • Wiki
   • Wired

8. Argentina halts debt payments in record default

   Dec 1, 2001Labels: Argentina, sovereign default

   • CRS

9. China joins the WTO, accelerating trade integration

   Dec 11, 2001Labels: China, WTO

   • WTO
   • USTR

10. Bernanke frames “global saving glut” and imbalances

    Mar 10, 2005Labels: Ben Bernanke, global saving

    • Fed

11. Lehman Brothers collapses, global panic intensifies

    Sep 15, 2008Labels: Lehman Brothers, global financial

    • Britannica
    • HISTORY

12. First G20 Leaders’ Summit coordinates crisis response

    Nov 14, 2008Labels: G20, Washington Summit

    • G20 T rkiye
    • Wiki

13. G20 London Summit expands global financial firepower

    Apr 2, 2009Labels: G20, London Summit

    • UK Hansard
    • Wiki

14. Dodd-Frank enacted, reshaping post-crisis regulation

    Jul 21, 2010Labels: Dodd-Frank, United States

    • Congress gov
    • Fed History