The EAFC led countries to revisit the issue of a RFSN mainly because of the way in which the IMF managed the crisis.
Prior to the EAFC, borrowing in the region was largely short term and in the US dollar, the currency to which most East Asian currencies were pegged.
During the EAFC, Thailand received over $17 billion in emergency liquidity.
The EAFC crisis highlighted the problems of inadequate bank governance and regulation in East Asia.
Considering that the IMF's handling of the EAFC was heavily criticized in East Asia, the fact that countries in this region henceforth developed a complementary rather than competing safety net is a positive sign for the GFSN.
Regional-level planning is crucial to the success of an Alaskan EAFC. An increase in tele-health and remote monitoring, for example, would allow the Native Elders to receive adequate health care from doctors while remaining in their villages, which may be hundreds of miles away.
Additionally, the EAFC must tailor its recommendations for Native Elders and members of their community to "bridge the cultural gap." (144) Since Alaska Natives are closely tied to their traditions and beliefs, "any actions taken must incorporate the unique histories and cultures of the people...." (145) An Alaskan EAFC must modify its procedures to be more sensitive to issues that concern the elderly Alaska Native population.
First, while a communal workplace is central to the success of an EAFC, one location to service the whole of Alaska would be difficult.
(153) Undoubtedly, the DOJ would consider funding an Alaskan EAFC under this or their tribal grants funding.
A final limitation of an EAFC is the severely limited "ability to follow subjects after their role has concluded in the case (whether through final disposition or lack of pursuit of the case)." (154) Once a case closes, the APS and the EAFC can only contact the victim after another report of abuse.
(155.) See Wiglesworth et al., supra note 63, at 282 ("Other survey comments pointed to the efficiencies attributable to the EAFC's frequent meetings and multidisciplinary collaborative relationships.").
Elder abuse forensic centers (EAFCs) have "changed the way elder abuse cases are investigated and prosecuted...." (130) EAFCs are multidisciplinary collaborations between agencies geared towards the protection of elders and prevention of elder abuse.