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Read the text below in order to answer question:ASIAN CRISIS 56642

Read the text below in order to answer question:ASIAN CRISIS, TAKE TWO?As

global interest rates tighten and current account surpluses begin to

vanish, servicing the new mountains of public-sector debt and

outstanding private debt will become critical concerns before the end of

this year. East Asia's V-shaped recovery is in imminent danger of

giving way to the dreaded double dip.Few analysts now foresee

the type of precipitous decline witnessed in 1997-1998. There is talk

instead of the Latin-Americanization of the Southeast Asian economies −

meaning, in essence, that they are in danger of becoming irrelevant

backwaters. But that’s the optimistic view.The author refers to the Latin-Americanization of the Southeast Asian economies, which means they

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