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While the markets have since rebounded by 13 percent from February 11 to April 13,the Fed is still concerned about continued volatility throughout the rest of

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Modern Case of the Asian Financial Crisis The world markets have fluctuated greatly over the past two years, from the beginning of through the second quarter of

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Any infrastructure spending dictated by the government could have contributed to the asset bubbles that caused this crisis — and the same can also be true of any future events.

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However, the market declines were also felt in the United States, Europe, and Russia as the Asian economies slumped.

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The tipping point was the realization by Thailand's investors that its property market was unsustainable, which was confirmed by Somprasong Land's default and Finance One's bankruptcy in

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The tipping point was the realization by Thailand's investors that its property market was unsustainable, which was confirmed by Somprasong Land's default and Finance One's bankruptcy in

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In this article, we will take a look at the causes of the Asian financial crisis and the solutions that ultimately brought about recovery, as well as some lessons for modern times.

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The economies eventually recovered, but many experts have been critical of the IMF for its strict policies that may have exacerbated the problems.

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