The Asian financial crisis

Business & Finance, Industries & Professions, Hospitality, Tourism & Travel
Cover of the book The Asian financial crisis by Nadine Poser, GRIN Publishing
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Nadine Poser ISBN: 9783640192403
Publisher: GRIN Publishing Publication: October 21, 2008
Imprint: GRIN Publishing Language: English
Author: Nadine Poser
ISBN: 9783640192403
Publisher: GRIN Publishing
Publication: October 21, 2008
Imprint: GRIN Publishing
Language: English

Seminar paper from the year 2008 in the subject Tourism, grade: A, Ecole hôtelière de Lausanne (The Emirates Academy), course: TOUR 310, 10 entries in the bibliography, language: English, abstract: After a period of economic upturn in the beginning of the 1990s, Asia has been concussed by a severe fiscal crisis in 1997. As the name implies the Asian Financial Crisis happened in Asia, more precisely in the Eastern Pacific Part of Asia (see Appendix A). Countries that have been affected most by the crisis are Indonesia, South Korea and Thailand. But also the Philippines, Malaysia, Laos and Hong Kong and even Australia had to deal with the unfavorable situation. Merriam-Webster Online Dictionary defines a crisis as 'an unstable or crucial time or state of affairs in which a decisive change is impending; especially: one with the distinct possibility of a highly undesirable outcome' (2008). The Asian-Pacific region counts to the leading tourism destinations in the world because of its rich biodiversity, beautiful beaches, cultural curiosities, a great interpretation of hospitality and nevertheless affordable prices. This report investigates the economic factors which led to the crisis. Further the impacts on the tourism industry are demonstrated and suggestions are made how the crisis probably could have been prevented combined with improvements for the future.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Seminar paper from the year 2008 in the subject Tourism, grade: A, Ecole hôtelière de Lausanne (The Emirates Academy), course: TOUR 310, 10 entries in the bibliography, language: English, abstract: After a period of economic upturn in the beginning of the 1990s, Asia has been concussed by a severe fiscal crisis in 1997. As the name implies the Asian Financial Crisis happened in Asia, more precisely in the Eastern Pacific Part of Asia (see Appendix A). Countries that have been affected most by the crisis are Indonesia, South Korea and Thailand. But also the Philippines, Malaysia, Laos and Hong Kong and even Australia had to deal with the unfavorable situation. Merriam-Webster Online Dictionary defines a crisis as 'an unstable or crucial time or state of affairs in which a decisive change is impending; especially: one with the distinct possibility of a highly undesirable outcome' (2008). The Asian-Pacific region counts to the leading tourism destinations in the world because of its rich biodiversity, beautiful beaches, cultural curiosities, a great interpretation of hospitality and nevertheless affordable prices. This report investigates the economic factors which led to the crisis. Further the impacts on the tourism industry are demonstrated and suggestions are made how the crisis probably could have been prevented combined with improvements for the future.

More books from GRIN Publishing

Cover of the book Present Values, Segmentation and Approximation Theory by Nadine Poser
Cover of the book Etablierung und Evaluierung neuer Konzepte zur Optimierung der Radiojodtherapie by Nadine Poser
Cover of the book Totaladler - Fragmentary remarks on Walter Benjamin's 'On the concept of history' by Nadine Poser
Cover of the book On the relationship of comparative literature to 'Strata Poetics' and 'Fundamental Poetics' by Nadine Poser
Cover of the book T.S. Eliot, W.B. Yeats and D.H. Lawrence: How Love is combined with a sense of Frustration and Fear by Nadine Poser
Cover of the book Australian Aborigines: Their arduous path to modern Australian society by Nadine Poser
Cover of the book Township Tours in Southafrica by Nadine Poser
Cover of the book The Realisation of Jane Eyre as a Bildungsroman by Nadine Poser
Cover of the book Inner and Outer Rejections of a refugee: Anita Desai´s 'Baumgartner´s Bombay`' by Nadine Poser
Cover of the book Investing in Commodities by Nadine Poser
Cover of the book Feeding before Moral! by Nadine Poser
Cover of the book Gender Roles and Stereotypes in Dorothy Allison's 'Bastard Out of Carolina' by Nadine Poser
Cover of the book Achebe`s Things Fall Apart- diagnosis of decay by Nadine Poser
Cover of the book Cyberspace and Profits by Nadine Poser
Cover of the book The 2014 Israel-Gaza Conflict. Self-Defence or Atrocities in Gaza? by Nadine Poser
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy