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Question The Asian financial crisis began in mid-1997 when Thailand devaluated its currency. This caused a widespread turbulence in international financial markets. How did international

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The Asian financial crisis began in mid-1997 when Thailand devaluated its currency. This caused a widespread turbulence in international financial markets. How did international banks play a role in this crisis? What are the lessons can we learn from these banks involvement in the crisis?

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