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The lingering effects of the economic crisis are still visible—this shows a clear need to improve...

This paper analyzes the linkages between governance quality and country stress events. It focuses...

The abruptness and virulence of the 1997 Asian crises have led many to claim that these crises...

A common legacy of banking crises is a large increase in government debt, as fiscal resources are...

This paper investigates whether banking crises are associated with declines in bilateral exports....

This paper reviews the literature on financial crises focusing on three specific aspects. First,...