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What major economic events happened between the years 1997-1998?

all I can say is the Asian financial crisis in 1997


What Southwest Asian country had the lowest gross domestic product from 1998 to 1999?

Yemen


What is the causes of Asian financial crisis of economy?

The Asian Financial Crisis of 1997-1998 was primarily caused by excessive borrowing and speculative investments in a context of rapid economic growth. Many Southeast Asian countries had high levels of foreign debt, and when investor confidence waned, currencies began to devalue, leading to a loss of confidence in financial markets. Additionally, weak financial infrastructure and inadequate regulatory frameworks exacerbated the situation, resulting in widespread economic instability and recession across the region.


Which Southwest Asian country had the lowest gross domestic product (GDP) from 1998 to 1999?

From 1998 to 1999, Afghanistan had the lowest gross domestic product (GDP) among Southwest Asian countries. The country's economy was severely impacted by ongoing conflicts, political instability, and humanitarian crises, leading to significant economic challenges during that period. This situation contributed to Afghanistan's limited economic output compared to its regional neighbors.


Economy of Zwmbabwe?

Zimbabwe is a landlocked country in the southern tip of the massive continent of Africa. Zimbabwe has become a country of unprecedented economic and political attention in recent world history. The troubles in Zimbabwe cannot be separated from Zimbabwe's history dating back to the arrival of European settlers in the vast virgin land. However, the collapse of the Zimbabwe economy can be traced back to recent years as recent as the year 2000. Even by this turn of the millennium Zimbabwe's economy had already started showing signs of failing. This was clear in 1998 on the day that became known as the black Friday when the Zimbabwe dollar collapsed by up to half its value against major currencies such as the USD and Pound Sterling.