From crisis to recovery

Chang, Joe
July 2007
ICIS Chemical Business;7/2/2007, Vol. 2 Issue 73, p31
Trade Publication
The article offers information about the financial crisis of East Asia in 1997 and its recovery from it in the following decade. It is reported that during the crisis the foreign capital fled the region, capital investment collapsed and export markets for chemical industry disappeared. It is observed that since then the region has recovered its economic vitality. It is noted that the World Bank has appreciated this growth and named this development Emerging East Asia.


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