Financial crises in emerging markets

The essays in this volume examine theoretical and policy issues associated with recent financial crises in emerging markets. The essays address four broad questions. First, how prevalent have financial crises been in emerging markets, and what have been their general determinants? Second, what are t...

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Lingua:Undetermined
Pubblicazione: Cambridge Cambridge University Press 2001
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Riassunto:The essays in this volume examine theoretical and policy issues associated with recent financial crises in emerging markets. The essays address four broad questions. First, how prevalent have financial crises been in emerging markets, and what have been their general determinants? Second, what are the specific roles of capital flows and the financial sector in the occurrence of these crises? Third, how might institutional and financial structure characteristics have affected the long run vulnerability of countries to crises? Fourth, what are that appropriate policies to reduce the occurrence and severity of financial crises?