... in its nature and virility. With the exception of Thailand, traditional macroeconomic imbalances were not evident beforehand, and did not play a major role. Instead, fi-nancial and corporate ... http://www.imf.org/Pubs/FT/weo/2007/01/index.htm.150140130120110100908019971998199920002001200220032004200520 06 IndonesiaMalaysiaThailandKoreaPhilippinesDavid Burton| 66 |the balance sheets of the financial, corporate, government, and household sectors, and about how disturbances ... markets more closely than before, and analyze their potential implica-tions for economic and financial stability.Second, we now do more analysis at multilateral and regional levels, to complement...