Econometrics Methods for Predictability of Financial Crises on Example Asian Crisis

The fitness verification problem of the forerunners of financial crises based on historical data with the econometric methods is considered. This analysis of the presence of the forerunners, and the events that are highlighted by leading economists as forerunners (predictions) and attributes of crisis an analysis we made on the example of the South Asian financial crisis of 1997-1998, for the group of countries.