The so-called Asian crisis began in Thailand in July 1997. Since then a number of other countries
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The so-called Asian crisis began in Thailand in July 1997. Since then a number of other countries and regions have been affected.
a. Explain how and why you think this crisis began.
b. How and why did it spread to other countries and regions?
c. What is the present status of the affected countries?
d. What has been the recommended policy prescription by the IMF?
e. What do you think should be done to stabilize the world's securities and currency markets?
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Multinational Business Finance
ISBN: 9780201635386
9th Edition
Authors: David K. Eiteman, Michael H. Moffett, Arthur I. Stonehill, Denise Clinton
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