In the 1990s there were some dramatic economic events that came to be known as the Asian

Question:

In the 1990s there were some dramatic economic events that came to be known as the Asian financial crisis. A decade later similar events came to be known as the global financial crisis. The accompanying figure shows the growth rate of real GDP in the United States and Japan from 1995 to 2011. Using the graph, explain why the two sets of events are referred to this way. image text in transcribed