Indonesia's economic recovery wins plaudits

We asked readers last week to rate the quality of economic recovery in the countries most affected by the Asian financial crisis Indonesia, Korea, Malaysia, the Philippines and Thailand.

Spookily, voters ranked the five countries in alphabetical order, with Indonesia rated as today’s most investable market while Thailand was rated worst. Korea was a close second and Malaysia and the Philippines were separated by just a handful of votes.

Thailand’s lowly ranking is revealing. It was at the epicentre of the crisis in July 1997, almost exactly 15 years ago, when the baht’s collapse created a panic that spread to the region’s other currency pegs. By the...