Kooperativer Bibliotheksverbund

UID:

Format: IX, 356 S , graph. Darst , 24 cm

ISBN: 0226454622

Series Statement: A National Bureau of Economic Research conference report

Note: A collection of 10 papers presented at a conference held in February 1998 , Literaturangaben

Additional Edition: Erscheint auch als Online-Ausgabe Currency Crises Chicago : University of Chicago Press, 2007 ISBN 9780226454641

Language: English

Subjects: Economics

Keywords: Währungskrise ; Geschichte ; Konferenzschrift ; Konferenzschrift

URL: http://www.loc.gov/catdir/description/uchi052/00037712.html

URL: http://www.loc.gov/catdir/bios/uchi051/00037712.html

Author information: Krugman, Paul R. 1953-

UID:

Format: 1 online resource (367 pages)

ISBN: 9780226454641

Series Statement: A National Bureau of Economic Research conference report

Content: There is no universally accepted definition of a currency crisis, but most would agree that they all involve one key element: investors fleeing a currency en masse out of fear that it might be devalued, in turn fueling the very devaluation they anticipated. Although such crises-the Latin American debt crisis of the 1980s, the speculations on European currencies in the early 1990s, and the ensuing Mexican, South American, and Asian crises-have played a central role in world affairs and continue to occur at an alarming rate, many questions about their causes and effects remain to be answered. In this wide-ranging volume, some of the best minds in economics focus on the historical and theoretical aspects of currency crises to investigate three fundamental issues: What drives currency crises? How should government behavior be modeled? And what are the actual consequences to the real economy? Reflecting the latest thinking on the subject, this offering from the NBER will serve as a useful basis for further debate on the theory and practice of speculative attacks, as well as a valuable resource as new crises loom.

Content: Intro -- Contents -- Acknowledgments -- Introduction -- 1. Currency Crisis and Unemployment: Sterling in 1931 -- 2. Political Contagion in Currency Crises -- 3. Balance-of-Payments Crises in Emerging Markets: Large Capital Inflows and Sovereign Governments -- 4. The Onset of the East Asian Financial Crisis -- 5. Is Launching the Euro Unstable in the Endgame? -- 6. The Mexican Peso in the Aftermath of the 1994 Currency Crisis -- 7. The Aftermath of the 1992 ERM Breakup: Was There a Macroeconomic Free Lunch? -- 8. Current Account Reversals and Currency Crises: Empirical Regularities -- 9. Panel Presentation: The Asian Model, the Miracle, the Crisis, and the Fund -- 10. Panel Presentation: Involving the Private Sector in Crisis Resolution -- Contributors -- Author Index -- Subject Index.

Note: Description based on publisher supplied metadata and other sources

Additional Edition: ISBN 9780226454627

Additional Edition: Erscheint auch als Druck-Ausgabe ISBN 9780226454627

Additional Edition: Print version Currency Crises

Language: English

Keywords: Electronic books

URL: lizenzpflichtig

URL: Volltext

UID:

Format: 1 online resource (367 p.)

Edition: 1st ed.

ISBN: 1-281-22374-3 , 9786611223748 , 0-226-45464-9

Series Statement: A National Bureau of Economic Research conference report

Content: There is no universally accepted definition of a currency crisis, but most would agree that they all involve one key element: investors fleeing a currency en masse out of fear that it might be devalued, in turn fueling the very devaluation they anticipated. Although such crises-the Latin American debt crisis of the 1980's, the speculations on European currencies in the early 1990's, and the ensuing Mexican, South American, and Asian crises-have played a central role in world affairs and continue to occur at an alarming rate, many questions about their causes and effects remain to be answered. In this wide-ranging volume, some of the best minds in economics focus on the historical and theoretical aspects of currency crises to investigate three fundamental issues: What drives currency crises? How should government behavior be modeled? And what are the actual consequences to the real economy? Reflecting the latest thinking on the subject, this offering from the NBER will serve as a useful basis for further debate on the theory and practice of speculative attacks, as well as a valuable resource as new crises loom.

Note: Description based upon print version of record. , Front matter -- , Contents -- , Acknowledgments -- , Introduction -- , 1. Currency Crisis and Unemployment: Sterling in 1931 -- , 2. Political Contagion in Currency Crises -- , 3. Balance-of-Payments Crises in Emerging Markets: Large Capital Inflows and Sovereign Governments -- , 4. The Onset of the East Asian Financial Crisis -- , 5. Is Launching the Euro Unstable in the Endgame? -- , 6. The Mexican Peso in the Aftermath of the 1994 Currency Crisis -- , 7. The Aftermath of the 1992 ERM Breakup: Was There a Macroeconomic Free Lunch? -- , 8. Current Account Reversals and Currency Crises: Empirical Regularities -- , 9. Panel Presentation: The Asian Model, the Miracle, the Crisis, and the Fund -- , 10. Panel Presentation: Involving the Private Sector in Crisis Resolution -- , Contributors -- , Author Index -- , Subject Index , English

Additional Edition: ISBN 0-226-45462-2

Language: English

DOI: 10.7208/9780226454641