Entries from Asian Chemical Connections tagged with 'Asian financial crisis'
Indonesia's "Great Moderation"
Graph prepared by The Economist By John Richardson INDONESIA has enjoyed eight consecutive quarters of 6% GDP growth and so - along with several other mainly domestically-demand driven Asian economies - is viewed as a haven of stability in an increasingly...
Short-term gain could equal long-term pain
In the depths of the Asian financial crisis an American industry executive said, "I don't know why Korea has a petrochemical industry. It should be just shut down." There were also widespread complaints over "soft" government-directed loans that supported Asian...
Another Asian Financial Crisis, this time triggered by China?
After yesterday's optimism, yet more pessimism. I remember 1997. Don't underestimate the dange of contagion if China's stock market bubble does burst - as the likes of Alan Greenspan are predicting...
The case for investing in Indonesia
Indonesia before 1997 had three cracker projects and huge demand growth. It was mentioned in the same breath as China. And, of course, then came the crisis. But this year GDP growth could be the highest since the crisis with...
Is Indonesia poised to take off?
I can just about remember when Indonesia was talked about in the same breath as China - huge latent demand, lots of foreign direct investment and great natural resources. Then came the Asian financial crisis and economic ruin. But now,...
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