EN
The author indicates that the Asian crisis was a surprise to all experts. Although Asian economies are coming out of the crisis the discussion on its causes is on a preliminary stage. The author makes an analysis of some opinions. He cannot find any justification for a popular opinion that the crisis was a kind of "punishment" for the "sins" of deviation from the free market rules, for too big state interventionism and corruption-oriented practices of crony capitalism. Anouncements that it puts an and to the East Asian model capitalism also appeared to be premature. Its causes seem to result from a too rapid development and different threats it created.