Currency and Banking Crises : The Early Warnings of Distress

The Early Warnings of Distress

Currency and Banking Crises : The Early Warnings of Distress
The abruptness and virulence of the 1997 Asian crises have led many to claim that these crises are of a new breed and were thus unforecastable. This paper examines 102 financial crises in 20 countries and concludes that the Asian crises are not of a new variety. Overall, the 1997 Asian crises, as well as previous crises elsewhere, occur when... READ MORE...

Publication date: December 1999
ISBN 9781451858938
$15.00

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