The Asian Financial Crisis 1995-98
Birth of the Age of Debt

This is a remarkable book on one of the least discussed, most important chapters of financial market history. It helps that Mr. Napier is not another theoretician or a passive observer penning a narrative based on secondary research. He is someone who actively shaped the views and perceptions of key......more

Napier's insights from during the AFC are a useful peek into how the financial markets thought of Asia during the time. Depth of information and explanation of the situation is very enlightening, and parallels between other crises elsewhere are easy to draw. However, due to the way the book is prese......more

a bit selective in the narratives. Good to learn what has happened, but the book falls short on analysis as why the crisis happened. One noticeable miss is global capital's role in this crisis, very little mention of Soros' role. Duration of a boom and a bust can be longer than investors' time horiz......more

Writing: 3/5 Knowledge Gained: 4/5 Enjoyment: 3/5 The writing is a bit dry, Author is well knowledged in this area, however, there was just some pieces missing, I would prefer Andrew Sheng's book on the asian financial Crisis. Although with a lower rating, I'd still give the author credit by pointing ou......more