IMF completes its systematic economic restructuring of Southeast Asian economies, fundamentally transforming corporate landscapes. The intervention results in unprecedented foreign corporate access, weakened local economic sovereignty, and a permanent shift in regional economic power dynamics.
Key …
IMFWorld BankAsian GovernmentsMultinational CorporationsAsian Development Bankimf-interventioneconomic-transformationcorporate-globalizationstructural-adjustmentfinancial-crisis+1 more
By year’s end, the Asian Financial Crisis results in a fundamental restructuring of Southeast Asian economies. Millions lose jobs, local companies are sold at fire-sale prices to multinational corporations, and national economic policies are effectively rewritten under IMF and World Bank …
International Monetary FundWorld BankMcKinsey & CompanyMultinational CorporationsFederal Reserveasian-financial-crisisstructural-adjustmentimfeconomic-shock-therapycorporate-capture+1 more
In the context of the 1998 Asian Financial Crisis, multinational organizations like McKinsey, the IMF, and World Bank recommended aggressive corporate restructuring strategies for Southeast Asian economies. The recommendations focused on financial sector reforms, governance improvements, and policy …
McKinsey & CompanyIMFWorld BankMultinational Corporationsasian-financial-crisiscorporate-strategyeconomic-interventionmarket-restructuringimf-policy+1 more