Buy custom Critically examine why financial liberalisation brought financial crisis in most of the Asian countries but did not bring a crisis in either China or India.
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Business
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| Number of pages / Number of words: |
9 / 2519 |
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Borrowers are expected to pay back the loan on top the interest that is added. If a promise has been made to pay back the interest than this does not amount to repaying the whole loan back. Those lending the money have to ensure that if a borrower's project fails than this does not affect the loan capital...
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Those lending the money have to ensure that if a borrower's project fails than this does not affect the loan capital. They have to ensure they have continuous repayments. Measures have to be taking into consideration that credit standards are met. Large borrowers are given larger loans, and this group offers a higher expected rate of return...
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General points of the essay
Critically examine why financial liberalisation brought financial crisis in most of the Asian countries but did not bring a crisis in either China or India.
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