However with a careful eye significant benefits brought about by the reform are visible. For example it use to take about up two weeks to clear a cheque, now this only takes at most fives days and in most cases is less than that.
It seems to me that a fruitful approach would be to look at the factors which are likely to precipitate a currency crisis, and look elsewhere for another set of factors which would cause a currency crisis to lead to a full-blown economic crisis. By this, I mean a deep recession, high inflation and widespread corporate and banking collapses.