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The Causes Of The Asian Crisis
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There are many speculations about . From my research I found out that there is quite a number of reasons for the Asian currency crisis. There is a book called; The East Asian Miracle, which was published by the World Bank. This book expressed the relationship between government, the private sector, and the market. (See Hoover Digest 1998 No.3. Wi ....
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....e bloom. The banks also failed to realize that they were only being used as policy arms by the government. The only word that stuck in people's minds in Asia was the word miracle. They therefor forgot the fundamentals, which could be easily understood. William McGurn said that the countries that suffered the most in the Asian economic crash were th.... |
| Word count: 1036 |
Page count: 4 |
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