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Title: What weakness in the economic structures of Asian countries contributed to the severe financial cris Post by: Chako on Mar 11, 2016 What weakness in the economic structures of Asian countries contributed to the severe financial crisis that Asian economies experienced in 1997?
A) Banking regulation: Banks were excessively regulated, which reduced profits. B) High Taxes: High rates of taxation resulted in a reliance on imports. C) Natural Resources: Countries' lack of natural resources and failure to explore developing industries accumulated and led to the crisis. D) Productivity: It increased rapidly and the countries were victims of their own success E) Legal Framework: The system dealt unsuccessfully with companies in financial trouble Title: Re: What weakness in the economic structures of Asian countries contributed to the severe financial Post by: machukian on Apr 4, 2016 Content hidden
Title: Re: What weakness in the economic structures of Asian countries contributed to the severe financial cris Post by: Chako on Apr 25, 2016 Makes a lot of sense, and you're right.. I appreciate the input
Title: Re: What weakness in the economic structures of Asian countries contributed to the severe financial cris Post by: machukian on May 11, 2016 Thanks for the feedback, I'm sure others will appreciate it too
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