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Why did it Happen?

1 May 1998 RDP 9805
Morris Goldstein and John Hawkins
Per cent of total long-term debt (1996). US$. Yen. Major European. ... Figure 10: Concentration of Private Capital Flows. 10 largest recipients; US$ billion 1990–1995.
https://www.rba.gov.au/publications/rdp/1998/1998-05/why-did-it-happen.html

What Happened?

1 May 1998 RDP 9805
Morris Goldstein and John Hawkins
Figure 1: Bilateral Exchange Rates. Against US$, June 1997 = 100. ... Table 4: Nationality of Banks Providing Loans. US$ billion, end June 1997.
https://www.rba.gov.au/publications/rdp/1998/1998-05/what-happened.html