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all I can say is the Asian financial crisis in 1997
North Korea is one
Bangladesh
financial problems
I am thinking East Asian due to the growth rate of its countries. Unless something happens, it seems to be East Asian.
The massive depreciation of many Asian currencies in the 1997 to 1999 period, known as the Asian financial crisis, is also an instance of the influence of these short-term movements of money.
The Asian financial crisis in 1997, followed by the terrorist attacks on the United States in 2001 and Argentina's financial crisis that worsened in 2002, sent the world economy into a global slowdown.
all I can say is the Asian financial crisis in 1997
The Asian financial decrease in 1998 was due to financial contagion, It raised fears of an world wide economic crash in 1997.The crisis started in Thailand.
Hyundai (and the splinter companies which ensued from the Asian financial crisis, but still bear the Hyundai name) are based in the Republic of Korea (i.e., South Korea).
Yes, Tokyo is an East Asian city and is one of the world's three largest financial centers, along with New York City and London. It is known for its strong economy and being home to many major global banks and financial institutions.
In the late 1990s, imports of low-priced steel plagued U.S. producers, especially following the Asian financial crisis that began in 1997.
Hyundai (and the splinter companies which ensued from the Asian financial crisis, but still bear the Hyundai name) are based in the Republic of Korea (i.e., South Korea).
The reason behind the east Asian crises included a financial boom that was quickly followed by a bust. This occurred when a lack of incentives for effective risk management that were created by guarantees by the government that were not backed by actual facts.?æ
In the wake the 1997 Asian financial crisis, the Miyazawa initiative of October 1998, named after Japan's Finance Minister Kiichi Miyazawa at the time, set up bilateral monetary swap arrangement between Asian countries, including Malaysia and South Korea.
Overseas markets were a source of new demand because of expanding economies and liberalized trade regulations, although the Asian financial crisis was spurring imports.
Zhiwei Zhang has written: 'Chuang ye' 'Speculative attacks in the Asian crisis' -- subject(s): Econometric models, Financial crises, Foreign exchange, Speculation, Time-series analysis, Contagion (Social psychology)