Assessing Financial Vulnerability: An Early Warning System For Emerging Markets,New

Assessing Financial Vulnerability: An Early Warning System For Emerging Markets,New

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The European Currency Crises Of 199293, The Mexican Crisis Of 199495, And Especially The Asian/Global Crisis Of 199798, Have All Contributed To A Heightened Interest In The Early Warning Signals Of Financial Crises. This Pathbreaking Study Presents A Comprehensive Battery Of Empirical Tests On The Performance Of Alternative Early Warning Indicators For Emergingmarket Economies That Should Prove Useful In The Construction Of A More Effective Global Warning System.Not Only Are The Authors Able To Draw Conclusions About Which Specific Indicators Have Sent The Most Reliable Early Warning Signals Of Currency And Banking Crises In Emerging Economies, They Also Test The Outofsample Performance Of The Model During The Asian Crisis And Find That It Does A Good Job Of Identifying The Most Vulnerable Economies. In Addition, They Show How The Early Warning System Can Be Used To Construct A 'Composite' Crisis Indicator To Weigh The Importance Of Alternative Channels Of Crosscountry 'Contagion' Of Crises, And To Generate Information About The Recovery Path From Crises.This Timely Study Comes On The Eve Of Impending Changes At The International Monetary Fund As That Institution Reexamines How It Reacts To Financial Crises. Moreover, The Study Provides '... A Wealth Of Valuable Elements For Anyone Investigating And Forecasting Adverse Developments In Emerging Markets As Well As Industrial Countries,' According To Ewoud Schuitemaker, Vice President Of The Economics Department At Abn Amro Bank.

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We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.

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We provide a 2-year limited warranty, from the date of purchase for all our products.

If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.

This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).

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