Asian Economic Crisis

Part I of Essay
For the last few decades, Asia had been the world's economic miracle, achieving remarkable rates of growth and building high-quality manufacturing industries in just about anything and everything. However, since the struggle with collapsing currencies and plunging stock ma ....

Part II of Essay
.... to made; extra expenditures and areas of obscurity had to go. With this in mind, many businesses (mostly private) began cutting back in the employment line. Many workers were fired, or “let go,” as they put it, because the company couldn’t afford the extra disbursements. This may have been beneficial for the companies, but not its employees and their families. With my father, a Fire Specialist for the Guam Fire Bureau, and my mother, a financial advisor at a national bank, my family may not have been affected in the area ....