This overshooting in financial markets worsened the panic and added to ... and borrowers to be fully aware of a country's situation and vulnerabilities. The East Asian crisis of 1997–98 and the ...
The government has retrieved over 70 percent of the public funds used to bail out troubled financial firms since the ...
The catchphrases may be different, but there are many similarities between the 1997 Asian financial crisis and today's Crisis anniversaries are usually occasions to draw lessons from the past—and the ...
Koreans share a collective anxiety rooted in a traumatic past: the “foreign exchange crisis.” The 1997 Asian Financial Crisis, when Korea’s foreign exchange reserves dwindled to $3.9 billion ...
Leverage plays a key role in all financial crises, including the Asian financial crisis. And I’m Linda True ... they forecast that GDP growth in 1997 was going to be 2.5%, and 1998 was going to be 3.5 ...