Key Figures of the 1997 Asian Financial Crisis

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The International Monetary Fund

The IMF played a central role, arranging large financial support packages for Thailand, Indonesia, and South Korea, generally conditioned on economic reforms — a response that drew significant criticism in some of the affected countries for its strict conditions.

George Soros

The prominent hedge fund investor was publicly blamed by some regional officials, including Malaysian Prime Minister Mahathir Mohamad, for currency speculation that worsened the crisis — a claim Soros disputed.