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1997 asian financial crisis

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Reference no: EM133025338

Topic: 1997 Asian Financial Crisis:

  1. Explain the effects of this crisis on other markets of the involved countries in the crisis such as commodity markets, stock markets, property markets, and etc. What happen for macroeconomic variables of the involved countries in the crisis such as inflation rate, interest rate, and etc. Since one of the reasons for this crisis is related to changes in exchange rates, providing a link between changes in the macroeconomics variables and changes in the exchange rates of the involved countries in the crisis.
  2. Explain how the involved countries in the crisis recovered their economic condition after this crisis. The role of government and central bank of the involved countries in the crisis was very important. Explain their roles in recovering the financial crisis. 

Reference no: EM133025338

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