Asian Economic Crisis

For the last few decades, Asia had been the world's economic miracle, achieving remarkable rates of growth and building high-quality manufacturing industries in just about anything and everything. However, since the struggle with collapsing currencies and plunging stock markets beginning in 1995, the Asian Economy has become weak. It is now in a crisis situation, where its financial standing, especially, is at a downfall. Currently, there are numerous retributions facing us. Inflation has occurred; there is …

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