Asian Financial Crisis The Asian financial crisis did not have to seem direct impact on the Vietnamese economy, During 1998, however, the effects of the regional crisis on the Vietnamese economy became increasingly evident: at the end of the year all major macroeconomic indicators suggested that the situation was becoming critical. ...
The economic revival strategy laid out in December 1999 envisaged 4 key goals: 1-Macroeconomic stability and the restoration of a working relationship with international financial institutions (IFIs), 2-structural reforms to remove distortions in the economy, 3-improving governance, especially economic, and reviving key national institutions. ...
With the overarching priority of the South African focus remaining in job creation and growth acceleration, some new changes to the budget were announced with the aim to "reinforce macroeconomic stability... and provide a temporary cushion to the South African economy" (Manuel, 2009:10). ...
