What was Southeast Asia's experience of the 2008 global financial crisis?

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Quizplus · Accepted Answer

Southeast Asia's experience of the 2008 global financial crisis created some hardships, but overall, most economies proved fairly resilient. The region's strong economic fundamentals, such as high levels of foreign reserves, low levels of external debt, and diversified export markets, helped buffer the impact of the crisis. Some countries, such as Vietnam and Malaysia, experienced slowdowns, but others, like Indonesia and the Philippines, were able to maintain strong growth rates.

What Was Southeast Asia's Experience of the 2008 Global Financial