Global financial system is plunged into crisis

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Reference no: EM131321357

Vietnam's economy, which started overheating months ago, has begun to stabilize, but experts warn the government to stay the course as the global financial system is plunged into crisis.

The communist nation, a World Trade Organization member since 2007, has battled galloping inflation and a ballooning trade deficit, but also managed to slow the macroeconomic imbalances and eased fears of a meltdown.

Question 1. Suppose you were the Vietnamese finance minister, what would you do in the current situation?

Reference no: EM131321357

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