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Economists and policymakers are still trying to understand the lessons recent financial crises in Asia and other emerging market countries hold for the future of the global financial system. This book explores the causes of and effective policy responses to international currency crises. Topics covered include exchange rate regimes, contagion (transmission of currency crises across countries), the current account of the balance of payments, the role of private sector investors and of speculators, the reaction of the official sector (including the multilaterals), capital controls, bank supervis ... More
Keywords: financial crises, Asia, emerging markets, global financial system, multilateral organizations, public sector economists, private sector economists, effective policy responses, international currency crises, exchange rate regimes
Print publication date: 2002 | Print ISBN-13: 9780226184944 |
Published to Chicago Scholarship Online: February 2013 | DOI:10.7208/chicago/9780226185057.001.0001 |
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