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After the crisis, people began to rethink the economic globalization. Washington has reached a new consensus which is totally different from the former one. Critics believe that economic globalization has its mortal defect, which has been proved in Asian Financial Crisis. A new international financial system will be built to replace the old market' system.
A, the A, a The, the The, a
occasion case background situation
likely possibly probable probably
laying off, closed down laid off, closed down laid off, closing down being laid off, closing down
notice use advantage best
After the severe Asian Financial Crisis, the world economy began to recover. Asian Financial Crisis is as devastating as a neutron bomb and causes great damage. There are still direct and indirect impacts so that the economy cannot recover. The direct impact of Asian Financial Crisis has gone.
A.；the A.；a The, the The；a
occasion case background situation
After the severe Asian Financial Crisis, the world economy began to recover. Asian Financial Crisis is as devastating as a neutron bomb and causes great damage. There are still direct and indirect impacts so that the economy cannot recover. The direct impact of Asian Financial Crisis has gone.
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