Asia'S Lessons For Emerging Markets

Essay specific features

 

Issue:

Business

 

Written by:

Karen W

 

Date added:

June 11, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

8 / 2073

 

Was viewed:

4607 times

 

Rating of current essay:

 
Essay content:

multinational companies a bitter lesson about doing business in emerging markets: No matter how great the long-term potential of a market, an economic climate can turn nasty in a hurry. Indeed, Asia's rapid economic growth came to a halt in 1997, although the economy has been slowly recovering ever since...
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Companies are realizing it is not enough to focus on property/casualty risks without also addressing risks such as political, currency devaluation, and interest rates. If a crisis similar to the Asian crisis were to coincide with another crisis to a company's business, the effect could be detrimental...
displayed 300 characters

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