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Economic and Financial Crises in Emerging Market Economies
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Economic and Financial Crises in Emerging Market Economies

Martin Feldstein

Abstract

In the late 1990s, economic and financial crises raged through East Asia, devastating economies that had previously been considered among the strongest in the developing world. The crises eventually spread to Russia, Turkey, and Latin America, and impacted the economies of many industrialized nations as well. In today's increasingly interdependent world, finding ways to reduce the risk of future crises—and to improve the management of crises when they occur—has become an international policy challenge of paramount importance. This book rises to that challenge, presenting accessible papers and ... More

Keywords: financial crises, East Asia, developing world, Russia, Turkey, Latin America, industrialized nations, exchange rate regimes, financial policies, international economic policy

Bibliographic Information

Print publication date: 2003 Print ISBN-13: 9780226241098
Published to Chicago Scholarship Online: February 2013 DOI:10.7208/chicago/9780226241104.001.0001

Authors

Affiliations are at time of print publication.

Martin Feldstein, editor

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Contents

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1 Exchange Rate Regimes

1. Sebastian Edwards 2. Domingo F. Cavallo 3. Arminio Fraga 4. Jacob A. Frenkel

2 Financial Policies

1. Frederic S. Mishkin 2. Andrew Crockett 3. Michael P. Dooley 4. Montek S. Ahluwalia

3 Industrial Country Policies

1. Jeffrey A. Frankel and Nouriel Roubini 2. Mervyn King 3. Robert Rubin 4. George Soros

4 IMF Stabilization Programs

1. Anne O. Krueger 2. Stanley Fischer 3. Jeffrey D. Sachs

5 IMF Structural Programs

1.Morris Goldstein 2.Timothy F. Geithner 3.Paul Keating 4.Yung Chul Park

6 Creditor Relations

1.William R. Cline 2.Guillermo Ortiz 3.Roberto G. Mendoza 4.Ammar Siamwalla