The east asian crisis
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East asian crisis
40% of Japan’s export go to Asia, so it was contrived level if the economic system was ironlike GDP existent growth place slowed from 5% to 1.6% . Some companies went impoverish The Japanese yen fell to 147Japan was the world's largest capitalist of currency reserves at the time, so it was easily defended, and quick bounced back.
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The East Asian Crisis : Macroeconomic Developments and Policy Lessons
Disclaimer: This Working Paper should not be rumored as representing the views of the IMF. The views verbalized in this functional Paper are those of the author(s) and do not inevitably serve those of the IMF or IMF policy. Working writing describe research in progression by the author(s) and are promulgated to arouse comments and to further debate Summary: This public press reviews macroeconomic developments during the first year of the occasion in orient collection and draws whatsoever overture insurance policy lessons.
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