
About Stefan Angrick
Stefan Angrick is a research associate for Administration, Management, and Coordination at the Asian Development Bank Institute.Twenty years after the Asian financial crisis: The evolution of Asian financial cooperation

When Asia was hit by its regional financial crisis 20 years ago, Asian policy makers were quick to call for regional solutions to what was perceived to be a common problem: Asian countries’ dependence on foreign finance. Prominent political figures and scholars argued for a greater regional focus of monetary and economies policies, suggesting the introduction of currency baskets modeled on trade patterns, financial structures, and even Asian currency units akin to the European Currency Unit, the euro’s predecessor.


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Recent Posts
- Investing in Childcare a Win for Women and the Economy
- Flush and Flourish: Upgraded Toilets Can Transform Lives in Rural Asia
- New Ways for Climate Finance and Development in Asia and the Pacific
- Rethinking High-Rise Living: Balancing Urban Growth and Sustainability in Asia’s Cities
- Navigating Linear Transport Infrastructure Through Conservation Landscapes
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