Neoliberal thinkers maintain there is nothing fundamentally wrong with economic globalisation per se, view it as a positive influence on economic development, blame Asian economies that didn't put there houses in order, bailing out crony busineses, huge trade deficits, falling exports from Asia. Imf help worsened the crisis, scaring away potential investors and causing more financial panic. Opponents to this explanation adopt a political economy approach, question why did this not happen when intervention into Asian economies was more pronounced, the timing iddue