1. The Asian Economic Crisis Of 1997 - 1998
The effects of the crisis in the countries involved in the economic crisis of 1997-98. 2. ... Some of these loans, investments, and projects had a risk factor that was extremely high... so high, in fact, that any other bank in the world wouldn't even consider funding a project with a risk that high. ... Again, the risk factor of loans was not even an issue. ... This, as was thought, would lower the risk-premium on dollar-denominated debt. ... These short-term liabilities accounted for 50% of the total foreign debt in the Asian nations involved in the crisis (and in a few nations, over 100...
- Word Count: 1820
- Approx Pages: 7
- Has Bibliography
- Grade Level: High School