It appears that this easing has been underpinned by the fact that the market is now closer to balance than previously.
This lost decade was characterized by gross mismanagement of the economy that resulted in an almost default on our foreign currency liabilities in 1994, which forced us to float the Kina our national currency, an almost second default in 1998 to 1999, the combined effect of a very severe drought, the Asian Financial Crisis and the world economic slowdown exacerbated by continued gross mismanagement of the economy.