Infrastructure weakness was one of the causes of emerging market crisis in Thailand in 1997. Define infrastructure weakness and explain how it could affect a country's exchange rate.© BrainMass Inc. brainmass.com June 4, 2020, 1:48 am ad1c9bdddf
Infrastructure weakness means when situations where services or things the public utilizes such as railroad lines, roads, streets, fair and just legal systems (courts), electric power, natural gas, hydropower, decent and numerically fine police and or fire fighters, acceptable health care services, equitable and honest politicians (if there ever is such a unique thing),, are not working correctly, as they definitely should be. Because of a shortage causes or enables rather more and more challenges and or specified dangers of owning and or running a business in a country or countries. This then ...
The expert examines infrastructure weakness and its effect on exchange rates.