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This text opens with a discussion of the nature, causes and consequences of the Asian Financial Crisis (AFC). It examines the impact the AFC had as well as offers answers for the questions: why was the economic downturn so severe and why was the territory initially a laggard in economic recovery?

Finance-- China-- Hong Kong. --- Finance --- Business & Economics --- Financial Management & Planning --- -Financial crises --- -330.95125 --- Crashes, Financial --- Crises, Financial --- Financial crashes --- Financial panics --- Panics (Finance) --- Stock exchange crashes --- Stock market panics --- Crises --- Business cycles --- Funding --- Funds --- Economics --- Currency question --- Financial crises