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The Asian Financial Crisis formatIsbn:Softcover - 9783838615684 and scientific books referred toInhaltsangabe: Abstract: ? Macroeconomic stability and rapid export growth were the two key elements in starting the virtuous circles of high rates of accumulation, efficient allocation, and strong productive growth that formed the basis for East Asia? s success.? (World Bank, 1993). Public perception of the Asian economies could hardly have shifted more since that time. Currency depreciation, rising corporate bankruptcy, bank failures, and sovereign