1997 ⟶ Thailand Floats Baht, Initiating Asian Financial Crisis
July 2: The Bank of Thailand floats the baht, triggering the...
Year
1987
1997
2001
2007
2008
2020
📉 Black Monday Stock Market Crash
October 19: Stock market crash of 1987.⟶
Stock MarketFinancial CrisisEconomic RecessionGlobalizationMarket VolatilitySpeculation
United States
United Kingdom
Japan
Canada
Australia📉 Thailand Floats Baht, Initiating Asian Financial Crisis
Financial CrisisGlobalizationThailandRecessionSpeculation
Thailand
Indonesia
South Korea
Malaysia
Philippines
Hong Kong🤝 China Joins the World Trade Organization
December 11: China becomes a member of the World Trade Organization.⟶
GlobalizationEconomic DevelopmentInternational TradeTrade AgreementsGlobal Economy
China📉 Global Recession Triggered by Food Price Spike and Financial Crisis
Spike in food prices and subprime crisis help trigger global recession.⟶
RecessionFinancial CrisisGlobal EconomyEconomic DownturnGlobalizationMarket Volatility
United States📉 Global Stock Market Crash Triggers Great Recession
Stock markets plunge around the world, signaling the start of the Great Recession.⟶
Financial CrisisStock MarketGlobal EconomyEconomic DownturnRecession
United StatesUnited Kingdom
Germany
FranceChinaJapanCanadaAustralia🤝 Regional Comprehensive Economic Partnership (RCEP) Signed
November 15: The Regional Comprehensive Economic Partnership (RCEP) is signed by 15 Asia-Pacific countries to form the world's largest free-trade bloc, covering a third of the world's population.⟶
Free TradeEconomic IntegrationAsia-PacificGlobalizationTrade AgreementsRegionalismInternational RelationsEconomic Cooperation
Australia
Brunei
CambodiaChinaIndonesiaJapan
LaosMalaysia
New ZealandPhilippines
SingaporeSouth KoreaThailand
Vietnam