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Corruption Asia

Corruption Asia

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Published by Vinh Tran

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Published by: Vinh Tran on Apr 29, 2012
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06/01/2014

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This section looks at the various causes of the crisis in 1997. Factors related
to weak corporate governance were closely intertwined with shortcomings
in macroeconomic policy and vulnerabilities in the financial sector. Gov-
ernment intervention, too, had a significant role. Indicators such as increas-
ing debt-to-equity ratios, rising nonperforming loans (NPLs) and falling

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