Asia - Telecommunications Market Analysis 2000

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Last updated: 11 Jun 2003 Update History

Report Status: Archived

Report Pages: 6

Analyst: Peter Evans

Synopsis

The year 2000 saw a solid recovery in Asia from the crippling financial crisis of 1997. As can be expected, it was an uneven recovery because of varying degrees of economic development and economic fundamentals in each country. After slowing down by an average of 2.3% in 1998, the GDP of Asia’s developing economies grew 5.7% in 1999 and by 6.9% in 2000. The Asian economies hardest hit by the 1997 financial crisis were Thailand, Indonesia and South Korea.

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