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By the mid-1990s South Korea was considered one of the Asian Tigers (along with Taiwan, Hong...

By the mid-1990s South Korea was considered one of the Asian Tigers (along with Taiwan, Hong Kong and Singapore). However, the second half of the 90s proved to be disastrous for many of the Asian economies – Asian Financial Crisis (1997-99).   Choose two issues that led to Briefly discuss two issues and how they negatively impacted the South Korean economy. Additionally, briefly discuss the role the IMF had to assist the country during the Asian Financial Crisis.    

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The Asian financial crisis started during the beginning of July 1997 which had led to an economic meltdown among the major Asian nations such as Taiwan, Hong Kong and Singapore.

Rahul Sunny answered 2 years ago
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