Financial crises have short-term and long-term effects. However, most often analysts are focused only on short-term effects. In this assignment, you will be challenged to look for short-term and long-term effects and to compare the effects of two financial crises: one from 1997 and one from 2007.Using the Argosy University online library resources and the Internet, conduct research into the 1997 South Asian financial crisis and the financial crisis that began in 2007.Then, do the following:Beginning , post your responses to the appropriate. Through , comment on at least two of your peers’ responses.Write your initial response in 300–500 words. Your response should be thorough and address all components of the discussion question in detail, include citations of all sources, where needed, according to the APA Style, and demonstrate accurate spelling, grammar, and punctuationDo the following when responding to your peers:
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