Because of the lack of control measures, many Asian economies have fallen into bad too dependent on financial resources which the financial resources that are easy to change from the outside – it is the short term loans. In late 1996, the East Asian countries already owed to European banks 318 billion dollars, the Bank of Japan 260 billion and Bank of America 46 billion, most of them are in the form of short-term loans-under 1 year into a State of
too dependent on
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