Economic-Xray
A Students Co-op

In 1997, a momentous financial crisis struck most of Southeast and East Asia. The economies of South Korea, Indonesia, Thailand, Hong Kong, Laos, Malaysia, and the Philippines were hit the hardest by the turbulent period. The crisis is primarily attributed to the exploitative financial practices of Hungarian-born American businessman George Soros.

 

In the time that followed, various Asian regions suffered financially beyond imagination. It was an unexpected and unprecedented event at the time, proving to be a formidable threat to global economies that had previously been stable for decades.

 

The Asian financial crisis proved a fact of life: economics is a fundamental part of our human existence in this modern society. It is all around us — when we wake up in the morning and pick up a coffee, relax on the couch and order clothes online, and sign on the dotted line for a new car. Being surrounded by economic happenings all day, the world has found it arguably the most indispensable part of the human psyche. 

 

When applied to the world wide web, facts show that so far, the most popular websites on the market analyze a series of monumental economic events through a statistical or academic lens, as well as maturely and professionally. What the world needs is a student-led project to amplify young voices in a field long-dominated by adults. However, such a platform must refrain from the politics of “right” or “wrong” in today’s divisive climate. Instead, a focus on critical opinions is in order.

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