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Published on Monday, September 14, 2015 | Updated on Monday, September 14, 2015

Can Asia avert a 1997-style crisis?

The on-going financial market turmoil affecting Asia has revived grim memories of the 1997 Asian financial crisis (AFC). In this economic watch, we ascertain whether a repeat of the 1997 crisis is in the offing for East Asian emerging economies or is the economic block better placed this time to withstand prevailing macroeconomic and financial challenges.