An Analysis of Large Economic Downturn in East Asia (718 words, 3 pages)
A large economic downturn in East Asia threatens to end its nearly 30-year runof high growth rates. The crisis has caused Asian currencies to fall 50-60,stock markets to decline 40, banks to close, and property values to drop. Thecrisis was brought on by currency devaluations, bad banking practices highforeign debt, ...
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