Another important problem before the crisis was the use of the wrong paradigm to judge the inherent risks in the situation. the clearest case was the inattention paid ti short-term foreign debt. The adequacy of foreign reserves was still being judged using a paradigm of current account problems, so foreign reserve were being compared to month of imports. However, the problem that was development at the time was a capital account problem, so reserve should have also been compared to the amount of short-term foreign debt that the reserve might have to service if the debt were nor rolled over. Therefore, ever thought the ratios of short-term debt to foreign reserves were greater than one in all the three countries that eventually had to seek IMF assistance, the danger of a crisis was not foreseen simply because the right kind of data were not looked at.