Topics covered include exchange rate regimes, contagion (transmission of currency crises across countries), the current account of the balance of payments, the role of private sector investors and of speculators, the reaction of the official sector (including the multilaterals), capital controls, bank supervision and weaknesses, and the roles of cronyism, corruption, and large players (including hedge funds).
Ably balancing detailed case studies, cross-country comparisons, and theoretical concerns, this book will make a major contribution to ongoing efforts to understand and prevent international currency crises.
Author: Richard E. Caves, Jeffrey A. Frankel, Ronald W. Jones,
Manufacturer: University Of Chicago Press
Number of items: 1
Number of pages: 720
Product group: Book
Studio: University Of Chicago Press
Publication Date: 2002-11-15
Publisher: University Of Chicago Press