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What is Miyazawa initiative?

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Anonymous

∙ 13y ago
Updated: 9/16/2023

In the wake the 1997 Asian financial crisis, the Miyazawa initiative of October 1998, named after Japan's Finance Minister Kiichi Miyazawa at the time, set up bilateral monetary swap arrangement between Asian countries, including Malaysia and South Korea.

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∙ 13y ago
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