Almost every major international economic problem of recent years has been discussed and usually acted on often together with other institutions especially our bretton woods non identical twin the world bank by the imf the mexican and asian crises technical and financial assistance to the economies in transition including russia the debt problems of the poorest countries in close . The asian financial crisis was a period of financial crisis that gripped much of east asia and southeast asia beginning in july 1997 and raised fears of a worldwide economic meltdown due to financial contagion the crisis started in thailand known in thailand as the tom yam kung crisis thai on 2 july with the financial collapse of the thai baht . Globally nonfinancial corporate debt has grown to be even larger than sovereign debt to 66 trillion about two thirds of the growth from that comes from developing countries and here china stands out in particular chinese companies alone have added 15 trillion of debt over the last ten years this means that the country now has one of the highest corporate debt ratios in the world but . To the surprise of many the pandemic accelerated interest in esg environment social and governance issues in 2020 as blackrock pointed out in its last ceos letter from january through. The economic history of the netherlands 1500 1815 is the history of an economy that american dutch scholar and economist jan de vries calls the first modern economy it covers the netherlands as the habsburg netherlands through the era of the dutch republic the batavian republic and the kingdom of holland after becoming de facto independent from the empire of philip ii of spain
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