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Joseph Stiglitz, a Nobel Laureate, attributed the entire Asian crisis in 1997-1998 to overvalued exchange rates. large current account deficits. weak financial systems. a market

Joseph Stiglitz, a Nobel Laureate, attributed the entire Asian crisis in 1997-1998 to

overvalued exchange rates.

large current account deficits.

weak financial systems.

a market overreaction.

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