Asian Financial Crisis: Overview of Asian Crisis and Recovery Progress
DOI:
https://doi.org/10.21512/tw.v4i1.3798Keywords:
Asian, financial, crisisAbstract
The rapid recovery in Asia economies in some ways of a surprise because many countries in Asia had tried a lot of ways to stabilize the economy from the crisis’ pressure in 1997. As a result, most of these countries in Asia slowly recover by the step of restructuring in the financial sector, such as fiscal adjustment and the continuation of a floating exchange rate system.
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References
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