Villagers protest about their plummeting currency. Photo: AFP
Tom Holland
Opinion

Opinion

Abacus by Tom Holland

Who learned the lessons of Thai baht crisis: China or Europe?

Twenty years on from the speculative assault on Thailand’s currency, some policymakers seem to have forgotten what went wrong

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Villagers protest about their plummeting currency. Photo: AFP
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Tom Holland

Tom Holland

Tom Holland is a former SCMP staffer who has been writing about Asian affairs for more than 25 years