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- W2325229709 abstract "The crisis, which erupted in Asia’s financial marke ts in 1997, had severe effects on the involved countries. It started in Th ailand with a sudden fall in the stock market and then spread to Indonesia, Sout h Korea, Malaysia and to other countries in the region. It also spread to fi nancial markets around the world, threatening the global economic expansion. Within East Asia, the crisis resulted in a decline in living standards, rising u nemployment and falling real wages. The crisis also influenced other distant reg ions. This paper analyses the causes and consequences of the East Asian crisis, t ries to draw lessons for the OIC member countries and makes policy recommendations for the recovery process." @default.
- W2325229709 created "2016-06-24" @default.
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- W2325229709 date "2000-01-01" @default.
- W2325229709 modified "2023-09-26" @default.
- W2325229709 title "THE EAST ASIAN CRISIS: LESSONS FOR OIC COUNTRIES" @default.
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