By Khoo Boo Teik, Keiichi Tsunekawa, Motoko Kawano
This ebook examines 5 international locations in South East Asia which are instructive case reviews of the way the quarter has needed to negotiate pathways of improvement past crises and traps. At ends of only one decade, 1997–2007, Indonesia, Malaysia, the Philippines, Thailand and Vietnam all had to climate the shocks of an East Asian monetary difficulty and an international monetary challenge. a few economies may have buckled thoroughly below these shocks and been condemned to long term stagnation. but those 5 economies, a part of the bigger Asian sector, emerged with endured if slower monetary growth.
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