搜尋結果
The real GDP growth rate slowed dramatically in 1997, from 5% to 1.6%, and even sank into recession in 1998 due to intense competition from cheapened rivals; also in 1998 the government had to bail out several banks.
The Russian financial crisis (also called the ruble crisis or the Russian flu) began in Russia on 17 August 1998. It resulted in the Russian government and the Russian Central Bank devaluing the ruble and defaulting on its debt. The crisis had severe impacts on the economies of many neighboring countries. Background and course of events.
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What was the 1997 Asian financial crisis?
Why did Russia bounce back from the 1998 financial crash?
What is a financial crisis?
What happened in 1998?
∙In addition to the IMF fund, 4 billion dollars was raised in Korea's own capacity, and the introduction of funds for issuing foreign bonds on April 17, 1998: Foreign reserves exceeded $30 billion for the first time since the financial crisis in late 1997
The 2007–2008 financial crisis, or the global financial crisis ( GFC ), was the most severe worldwide economic crisis since the Great Depression. Predatory lending in the form of subprime mortgages targeting low-income homebuyers, [1] excessive risk-taking by global financial institutions, [2] a continuous buildup of toxic assets within banks ...
1997–1998: 1997 Asian Financial Crisis – devaluations and banking crises across Asia 1998: Russian financial crisis 21st century 2000–2001: 2001 Turkish economic crisis 2000: Early 2000s recession 1999–2002: Argentine economic crisis (1999-2002)
This article needs to be updated. Please help update this article to reflect recent events or newly available information. (May 2009)The Great Recession in Russia was a crisis during 2008–2009 in the Russian financial markets as well as an economic recession that was compounded by political fears after the war with Georgia and by the plummeting price of Urals heavy crude oil, which lost more ...
A particular concern of the IMF was to prevent financial crises, such as those in Mexico in 1982, Brazil in 1987, East Asia in 1997–98, and Russia in 1998, from spreading and threatening the entire global financial and currency system.
