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Question 1: There was a consensus among economists and policymakers that developing countries should adopt policies of market liberalization, which should include capital market liberalization

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Question 1: There was a consensus among economists and policymakers that developing countries should adopt policies of market liberalization, which should include capital market liberalization allowing unfettered access to international capital flows. Based on your study of East Asian economies, critically appraise this consensus. In your answer, include a discussion on the causes of and responses to the Asian financial crisis

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