What is ASIAN FINANCIAL CRISIS?

In 1997 asian nations currency beganto decline. It is called the Asian Congation as it spread to all asiain markets and through their trading partners as well. The International Monetary Fund and World Bank prevented a market disruption.

More On This Topic
  1. How to Get a Job in Emergency and Crisis Management
  2. Is It A Monopoly? Everything You Ever Wanted To Know
  3. Imperialism Definition, Laws, & History: From Rome To Now
  4. Economic Recession VS Depression: Similarities & Differences
  5. Legalities Of Bitcoin And Other Cryptocurrency
  6. Feminist Approaches to International Law
  7. Countries With The Lowest Crime Rate In The World
  8. Kiran Bedi: India’s First Female Police Officer
  9. UNCITRAL: Why This Little Known Commission Really Matters
  10. How to Close a Failed Bank Resolution

Related Legal Terms
FINANCIAL CRISIS, FINANCIAL CRISIS RESPONSIBILITY FEE, ASIAN PRODUCTIVITY ORGANIZATION (APO), ASIAN TAIL, ASIAN OPTION, ASIAN FUNDS, FINANCIAL SUPPLY CHAIN, LONDON INTERNATIONAL FINANCIAL FUTURES & OPTIONS EXCHANGE (LIFFE), FINANCIAL CONTAGION, FINANCIAL STABILITY PLAN (FSP)


Link to This Definition
Did you find this definition of ASIAN FINANCIAL CRISIS helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary