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Erschienen in:
2016 | OriginalPaper | Buchkapitel
8. Asia’s Real Estate Boom Triggers Global Contagion
verfasst von : Nicholas P. Sargen
Erschienen in: Global Shocks
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Abstract
Since the breakdown of Bretton Woods, the countries in Emerging Asia have been among the fastest growing in the world, which has been a topic of interest for international economists. Nonetheless, until the mid-1990s these economies were not a focal point of US international economic policy. This mainly reflected the small size of many countries in the region, as well as their ability to perform on their own during the less developed countries (LDCs) financial crisis of the 1980s.