Conventional and Insidious Macroeconomic Balance-Sheet Crises

Conventional and Insidious Macroeconomic Balance-Sheet Crises
This paper describes the anatomy of two types of balance-sheet macroeconomic crises. Conventional balance-sheet crises are triggered by external imbalances and balance sheet vulnerabilities. They typically occur after capital inflows have led to a substantial build up of foreign currency exposure. Insidious crises are triggered by internal... READ MORE...

Publication date: August 2014
ISBN 9781498389044
$18.00

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