Preventing currency crises in emerging markets
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| Other Authors / Creators: | Edwards, Sebastian, 1953- Frankel, Jeffrey A. |
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| Other Corporate Authors / Creators: | National Bureau of Economic Research. |
| Format: | Electronic eBook |
| Language: | English |
| Imprint: | Chicago : University of Chicago Press, 2002. |
| Subjects: | |
| Online Access: | Available in ProQuest Ebook Central - Academic Complete. |
| Summary: | 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. In this timely and important volume, distinguished academics, officials in multilateral organizations, and public and private sector economists explore the causes of and effective policy responses to international currency crises.<br> <br> 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 supervision and weaknesses, and the roles of cronyism, corruption, and large players (including hedge funds).<br> <br> Ably balancing detailed case studies, cross-country comparisons, and theoretical concerns, this book will make a major contribution to ongoing efforts to understand and prevent international currency crises. |
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| Item Description: | Papers presented at a conference held in Islamorada, Fla., in Jan. 2001. |
| Bibliography: | Includes bibliographical references and indexes. |
| ISBN: | 9780226185057 (online) 9781282004849 (online) |
| Author Notes: | Jeffrey A. Frankel is the James W. Harpel Professor of Capital Formation and Economic Growth at Harvard University's Kennedy School of Government and the director of the National Bureau of Economic Research's program in International Finance and Macroeconomics. |