McKinsey and International Organizations Outline Restructuring Strategy for Asian Markets

| Importance: 8/10 | Status: confirmed

In the context of the 1998 Asian Financial Crisis, multinational organizations like McKinsey, the IMF, and World Bank recommended aggressive corporate restructuring strategies for Southeast Asian economies. The recommendations focused on financial sector reforms, governance improvements, and policy adjustments to address systemic economic vulnerabilities, ultimately promoting foreign investment and corporate consolidation.

Key Actors

McKinsey & Company IMF World Bank Multinational Corporations

Tags

asian-financial-crisis corporate-strategy economic-intervention market-restructuring imf-policy world-bank

Sources (3)

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