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Essay

East Asian Economic Crisis

Essay specific features

 

Issue:

Business

 

Written by:

Harold A

 

Date added:

July 26, 2011

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 692

 

Was viewed:

4918 times

 

Rating of current essay:

 
Essay content:

Due to East Asia?s large impact on the world economy, the panic in Thailand, Indonesia, Korea, and other Asian countries has prompted other countries to worry about the affect on their own economies and offer aid to the financially troubled nations (Sanger 1). The East Asian crisis has affected almost all of the Asian nations, but the three hardest hit countries are Thailand, Indonesia, and South Korea...
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The panic began in Thailand in May of 1997 when speculators, worried about Thailand?s slowing economy, exces sive debt, and political instability devalued the baht as they fled for market-driven currencies like the American dollar. Indonesia?s economy soon fell soon after when the rupiah hit a record low against the U...
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General issues of this essay:
East Asian Economic Crisis Banks and the Economy Loans The Post War Japanese Economy; The Role of the Banks Equivocal Savings and Loans College Student Loans Skyrocket east asian crisis East Asian Crisis In The Econo south-east asian currency crisis Rapid Economic Growth In East Asian Countries East Asia economic crisis Influence Of The Financial Crisis On The Chinese Economy Banks banks banks in uae
 

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