BBC Monitoring International Reports

Net financial inflows to Indonesia, Korea, Malaysia, the Philippines and. Thailand totalled US$93 billion in 1996. In 1997, as turmoil hit financial. markets, these flows reversed in just weeks to a net outflow of US$12 billion, a swing of US$105 billion, or 11% of the pre-crisis Gross Domestic Product (GDP) of the five countries. ................
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