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| | Asian financial crisis - Wikipedia, the free encyclopedia |
 | | Pre crisis, Malaysia had a large current account deficit of 5 %of GDP. |
 | | The crisis in general was part of a global backlash against the Washington Consensus and institutions such as the IMF and World Bank, which simultaneously became unpopular in developed countries following the rise of the anti-globalization movement in 1999. |
 | | The crisis has been intensively analyzed by economists for its breadth, speed, and dynamism; it affected dozens of countries, had a direct impact on the livelihood of millions, happened within the course of a mere few months, and at each stage of the crisis leading economists, in particular the international institutions, seemed a step behind. |
| en.wikipedia.org /wiki/Asian_financial_crisis (4211 words) |
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