Australian Premier And Senior Bankers Confident Of Recovery

ASIA FOREX '98

SYDNEY--Asia Forex '98 focused largely on the prospects for recovery in the Asia-Pacific region. Bob Hawke, former Australian Prime Minister, set the tone for the discussions that ensued, putting the Asian story, "from miracle to meltdown", into an appropriate historical perspective. Against the backdrop of the region's high savings rates, openness to technology, high levels of education and training, and liberalizing trading regimes, Hawke said that if reform is carried through, there is no

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