Financial Power and Its Strategic Significance A financial crisis hit Asia in 1997. It was both a predatory monetary war a-gainst developing nations launched by the hedge funds and a scramble for fi-nancial supremacy ...Financial Power and Its Strategic Significance A financial crisis hit Asia in 1997. It was both a predatory monetary war a-gainst developing nations launched by the hedge funds and a scramble for fi-nancial supremacy among the monopoly capital in America, Western Eu-rope and Japan. Indeed, the term "Asian financial crisis" is a misnomer. It can nolonger faithfully reflect the scope and essence of the financial storm. Over the pasttwo years, financial turmoil has visited upon Russia and Brazil and has shaken theentire capitalist economic system. In this crash, while Asian nations have展开更多
文摘Financial Power and Its Strategic Significance A financial crisis hit Asia in 1997. It was both a predatory monetary war a-gainst developing nations launched by the hedge funds and a scramble for fi-nancial supremacy among the monopoly capital in America, Western Eu-rope and Japan. Indeed, the term "Asian financial crisis" is a misnomer. It can nolonger faithfully reflect the scope and essence of the financial storm. Over the pasttwo years, financial turmoil has visited upon Russia and Brazil and has shaken theentire capitalist economic system. In this crash, while Asian nations have