financial crisis slide 1
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pt 1TRANSCRIPT
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Introduction Most observed issues The crisis should not be viewed as a problem. Lesson should be learned from experince.
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No international institution is equipped to bail out any country in a financial crisis.The failure of the International Monetary Fund (IMF).
Asia set up its own regional fund.- Asian countries could have a greater economic interdependence.
Financial Institution-Asian Development Bank (ADB)-Asia Investment Infrastructure Fund (AIIF)-Asian Bond Markets Initiatives and the Asian Bond Funds