How and why Malaysia got affected by Asian crisis-Business Report
How and why Malaysia got affected by the Asian crisis? The year 1997 witnessed the largest Asian crisis affecting the economy and development of the Middle East Asia countries. Before 1997 the middle east Asian countries such as Thailand, Malaysia, Singapore, Indonesia, Hong Kong, and South Korea has set the finest example of economic growth rate which increased from 6% to 9% per annum as estimated by the GDP. However,…