摘要
Recently, in Asian economies, currencies have de- va ued and the stock prices have p unged sharply, ia situation similar to that immediately prior to the 1997 financial crisis. Many are wondering whether a crisis of a similar nature is once again on the Asian horizon.
Recently,in Asian economies,currencies have devalued and the stock prices have plunged sharply,a situation similar to that immediately prior to the1997 financial crisis. Many are wondering whether a crisis of a similar nature is once again on the Asian horizon.The depreciating trend in many currencies is certainly worrisome as regards the region’s overall