Which factor likely contributed to the heightened susceptibility during the 1997 Asian financial and currency crisis?

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Explanation

The 1997 Asian financial crisis was largely triggered by significant capital flight, where investors rapidly withdrew funds, causing financial instability. This massive reversal of capital outflows intensified the crisis, unlike factors such as trade surpluses or technology transfers, which were less directly involved.

Which factor likely contributed to the heightened su… — The External Debt and Financial Crises | PakQuizHub