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Asian financial crisis lessons as global risks return
Original: What the Asian crisis teaches today as global financial risks return
Commentary from the East Asia Forum argues that the lessons of the 1997-98 Asian financial crisis are relevant again as global financial risks re-emerge. It revisits how the crisis unfolded, what policy mistakes were made, and how countries that endured it can inform today's response to banking stress and debt vulnerabilities worldwide.
Why now: Renewed concerns about global financial stability are prompting comparisons with past crises.
East Asia ForumAsian financial crisis
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- What the Asian crisis teaches today as global financial risks return · East Asia Forum
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