The Asian financial crisis of 1997 was avoided thanks to the coordination of large scale international lending.

Name: The Asian financial crisis of 1997 was avoided thanks to the coordination of large scale international lending.
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The Asian financial crisis of 1997 was not avoided and in fact resulted in a severe economic downturn in several Asian countries. While international lending was involved in the response to the crisis, it was not enough to prevent the crisis from occurring.

The Asian Financial Crisis of 1997 Was Avoided Thanks to the Coordination