In which region of the world did a financial crisis occur in 1997, characterized by a reduced confidence of foreign investors who began to withdraw their investments from the region?

Question

Quizplus · Accepted Answer

The financial crisis occurred in Asia in 1997 and was known as the Asian Financial Crisis. It began with reduced investor confidence, leading to the withdrawal of foreign investments and a currency devaluation in several Asian countries.

In Which Region of the World Did a Financial Crisis