Asian Financial Crisis

Essay specific features

 

Issue:

Business

 

Written by:

Sally R

 

Date added:

February 17, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

10 / 2758

 

Was viewed:

3904 times

 

Rating of current essay:

 
Essay content:

However, by 1995 and 1996, Thailand's current account deficit had grown (from 5.7% in '93 to 8.5% in '96 [Pesenti et al., 1998]). When domestic production slowed, this account imbalance represented an even greater percentage, when compared to GDP. Much of the instability in Thailand's economy was brought about by heavy short-term borrowing that required stringent debt maintenance...
displayed 300 characters

Custom written essay

All essays are written from scratch by professional writers according to your instructions and delivered to your email on time. Prices start from $10.99/page

Order custom paper

Full essays database

You get access to all the essays and can view as many of them as you like for as little as $28.95/month

Buy database access

Order custom writing paper now!

  • Your research paper is written
    by certified writers
  • Your requirements and targets are
    always met
  • You are able to control the progress
    of your writing assignment
  • You get a chance to become an
    excellent student!

Get a price guote

 
 

A boom in real estate and the Thai stock market attracted foreign speculation that could not be sustained in the face of investor doubts. The Thai government attempted to shore up shaky investor confidence by officially backing the financial institutions that were heavily indebted abroad. For instance, in the first quarter of 1997 the central bank's Financial Institutions Development Fund (FIDF) had lent over USD 8bn, 17...
displayed 300 characters

General issues of this essay:

Related essays:

x
Services