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Starting in July 1997, several East Asian and Southeast Asian countries began to suffer from the East Asian financial crisis that raised concerns about possible global economic meltdowns due to financial contagion. As such, the East Asian financial crisis gained in significance among and became focused on by policymakers and scholars (Miankhel, Thangavelu & Kalirajan, 2009). At the ministerial and head-of-government levels, the governments of the 10 Southeast Asian and three East Asian countries REVISITING THE FOREIGN DIRECT INVESTMENT-LED AND EXPORT-LED GROWTH HYPOTHESES IN ASEAN+3 COUNTRIES

Revisiting the foreign direct investment-led and export-led growth hypotheses in ASEAN+3 countries