Financial Crises in

Financial Crises in "Successful" Emerging Economies,Used

In Stock
SKU: DADAX0815702116
Brand: Brookings Institution Press
$39.18 $55.97
Save $16.79
Quantity
Add to wishlist
Add to compare

Processing time: 1-3 days

US Orders Ships in: 3-5 days

International Orders Ships in: 8-12 days

Return Policy: 15-days return on defective items

Payment Option
Payment Methods

Help

If you have any questions, you are always welcome to contact us. We'll get back to you as soon as possible, withing 24 hours on weekdays.

Customer service

All questions about your order, return and delivery must be sent to our customer service team by e-mail at yourstore@yourdomain.com

Sale & Press

If you are interested in selling our products, need more information about our brand or wish to make a collaboration, please contact us at press@yourdomain.com

"Financial crises in emerging economies are very different today than they were in the past. Between 1940 and the 1970s, such traumas involved large fiscal deficits, repressed domestic financial systems, and balance of payments situations that were associated with a sharp worsening of terms of trade. In recent years, however, a ""new variety"" of crisis has evolved in Asia and Latin America. Many of the emerging economies that have experienced financial trauma have been considered very successful until the crises explode. This collection focuses on such economies. The five contributors provide policyoriented analysis that seeks to identify crucial variables that affect the probability or intensity of crisis. Jos Antonio Ocampo (ECLAC) and Ricardo FfrenchDavis explore the variables that play a part in determining whether a financial crisis is likely to occur. They analyze ""vulnerability zones"" for certain key variablessuch as net liquid external liabilities, currentaccount deficits, and real exchange ratesand examine how and why capital surges have contributed to worsen marcoeconomic fundamentals in emerging economies. Manuel Agosin (University of Chile) draws a parallel between Korea and Taiwan, showing how the two countries had similar histories between the mid1960s and the early 1990s, then followed different paths during the 1990s. Ricardo FfrenchDavis (ECLAC) concentrates on Chile's experience with three ""positive"" financial shocks: in the 1970s, in 199194, and in 199597. Jaime Ros (Notre Dame University) explores contrasting situations in Mexico in 199194 and 199697, and discusses the variables that explain the marked differences between the two episodes. Ricardo FfrenchDavis is principal regional adviser at ECLAC and cofounder of the Center for Economic Research on Latin America (CIEPLAN). He is the author or editor of fifteen books on international economics, development, strategies, foreign financial, and Latin American economies, including Reforming the Reforms: Macro, Trade, Finance (Palgrave/Macmillan, 1999)."

⚠️ WARNING (California Proposition 65):

This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.

For more information, please visit www.P65Warnings.ca.gov.

Recently Viewed