Emerging Markets Crisis : An Asset Markets Perspective

An Asset Markets Perspective

Emerging Markets Crisis : An Asset Markets Perspective
The entire difference between a mild downturn and a devastating crisis is the occurrence of sharp fire sales of domestic assets and possibly foreign exchange and the ensuing collapse in the balance sheets of both the financial and nonfinancial sector. Why and how do such crises materialize? And why doesn't the private sector take appropriate... READ MORE...

Publication date: September 1999
ISBN 9781451855098
$15.00

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