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How Asian Countries Failed? | 1997 Asian Financial Crisis | Explained | Ayushi Chand

In this video, we discuss an important case study in the global economic history, wherein everything that could possible go wrong went wrong. The Asian Financial Crisis was a watershed moment in the history of the world which led to the emergence of a new world order of regional economic cooperation in the form of the Chiang Mai Initiative and the G20. Watch at 1.5x. Learn about the crisis, the causes, the repercussions and the lessons learnt here. 01:20 Introduction 02:09 Causes for the Crisis 07:49 Consequences of the Crisis 09:30 Reforms Introduced 12:09 Lessons to be learnt 14:30 Conclusion ***************** Pakistan on the verge of collapse?:    • Explained: Pakistan Economic Crisis 2...   ***************** Subscribe to the channel to learn more about Government, Economics, Public Policy and Finance. ***************** Ayushi Chand is an Indian Economic Service (IES) officer, and has worked with the Central Government of India (Ministry of Finance). She has over 8+ years of work experience in the fields of finance, economics and public policy. ***************** Get in touch: LinkedIn: www.linkedin.com/in/ayushichand Twitter:   / ayushichand   Instagram:   / ayushichand   https://www.quora.com/profile/Ayushi-... ***************** Attributions: https://commons.wikimedia.org/wiki/Fi...