Jump to ContentJump to Main Navigation
Preventing Currency Crises in Emerging Markets$
Users without a subscription are not able to see the full content.

Sebastian Edwards and Jeffrey A. Frankel

Print publication date: 2002

Print ISBN-13: 9780226184944

Published to Chicago Scholarship Online: February 2013

DOI: 10.7208/chicago/9780226185057.001.0001

Show Summary Details
Page of

PRINTED FROM CHICAGO SCHOLARSHIP ONLINE (www.chicago.universitypressscholarship.com). (c) Copyright University of Chicago Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use (for details see http://www.chicago.universitypressscholarship.com/page/privacy-policy).date: 18 June 2018

Introduction

Introduction

Chapter:
(p.1) Introduction
Source:
Preventing Currency Crises in Emerging Markets
Author(s):
Sebastian Edwards, Jeffrey A. Frankel
Publisher:
University of Chicago Press
DOI:10.7208/chicago/9780226185057.003.0001

This book describes the issues linked to the prevention of financial crisis in the emerging-market countries. It is divided into five parts. Part I covers the role of the current account and trade flows in financial crises. Part II focuses on international financial players—including banks, large hedge funds, private investors, and speculators—and on the channels through which crises are transmitted across countries. The next part examines the effectiveness of capital controls as a way of preventing a crisis from becoming massive and costly. This part also concentrates on Malaysia, which responded to the crisis in 1998 by imposing capital controls. Part IV deals with the role of balance sheets, crony capitalism, and corruption. Finally, Part V emphasizes an essay that surveys the main characteristics of the “new” financial crises. Furthermore, an overview of the chapters included in this book is given.

Keywords:   financial crisis, emerging-market countries, trade flows, banks, large hedge funds, private investors, capital controls, balance sheets, crony capitalism, corruption

Chicago Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.