Better news in East Asia

Article Abstract:

Asian exports have dropped in US dollar terms, but export volumes have risen by between 30% and 30% in Indonesia, Thailand and South Korea. Companies with debts denominated in dollars still face problems, but rising volumes help output and employment. Some governments have begun to rebuild foreign reserves, with help from the International Monetary Fund, and some inflows from private capital. The South Korean won and Thai baht are recovering. There is still concern about some other countries in the region, including Japan and China.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1998
Exchange Rates, Exports of Goods & Services, Exports, Foreign exchange, East Asia

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How much should you bet on Thailand?

Article Abstract:

Thailand was the first country to be affected by the Asian economic crisis, and some investors see Thailand as likely to lead in the recovery. There is no certainty about this, since less affected countries such as Taiwan could expand, and Indonesia has been badly affected, but could start to recover. The Thai parliament is seeking to reform the education system and this could help bring in foreign investment. Corruption is also being tackled, but the coalition governments that have ruled Thailand often do not last long.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1998
Economic Programs, Administration of Economic Programs, Thailand, Economic policy

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Subjects list: Economic aspects
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