The economic background [December 1997]

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Over the last quarter the emerging Asian economies have suffered crucial blows to their
economies. The Tiger economies have experienced a turbulent time in the currency markets while Japan has seen the collapse of Yamaichi and Hokkaido Takushoku (the fourth
largest stockbroker and tenth largest commercial bank). Despite the uncertainty in Asian markets the US and Europe continue to grow with no signs of inflation becoming a severe problem.
Original languageEnglish
Pages (from-to)1-5
Number of pages5
JournalQuarterly Economic Commentary
Issue number1
Publication statusPublished - Dec 1997


  • Scottish economic appraisal
  • Scottish economic activity


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