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Asia'S Lessons For Emerging Markets
Essay specific features
Written by:
Karen W
Date added:
June 11, 2016
Level:
University
Grade:
A
No of pages / words:
8 / 2073
Was viewed:
4680 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...
displayed 300 characters
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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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