The Asian currency crisis was primarily caused by the lack of funding from the International Monetary Fund and the World Bank.

Question

Quizplus · Accepted Answer

The Asian currency crisis was caused by a combination of factors including weak financial systems in some Asian countries, speculative attacks on these currencies, and high levels of foreign debt. While the IMF and World Bank did play a role in responding to the crisis, they were not the primary cause of it.

The Asian Currency Crisis Was Primarily Caused by the Lack