Asian Financial Architecture: Historical Overview

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Questions and Answers

During the 1990s, what policies did Asian economies adopt to support financial liberalization?

  • Washington Consensus policies (correct)
  • Keynesian economic policies
  • Marxist economic policies
  • Monetarist economic policies

What marked an important turning point in the role of finance in most Asian economies?

  • The limited economic regionalism during the post-war period
  • Increased integration with the global economy
  • The adoption of state ownership and control models
  • The Asian financial crisis of 1997–8 (correct)

What did Asian economies reject especially involvement with after the Asian financial crisis?

  • European Central Bank
  • Asian Development Bank
  • World Bank
  • International Monetary Fund (IMF) (correct)

What began to increase during the 1990s in Asian economies?

<p>Economic interactions within the region (especially trade and investment) (A)</p> Signup and view all the answers

What was very limited during the post-war period in Asia?

<p>Economic regionalism (A)</p> Signup and view all the answers

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