Anticipating Balance of Payments Crises--The Role of Early Warning Systems

Business & Finance, Economics, Public Finance, Finance & Investing, Banks & Banking, Macroeconomics
Cover of the book Anticipating Balance of Payments Crises--The Role of Early Warning Systems by Catherine  Ms. Pattillo, Andrew Mr. Berg, Gian-Maria Mr. Milesi-Ferretti, Eduardo Mr. Borensztein, INTERNATIONAL MONETARY FUND
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Catherine Ms. Pattillo, Andrew Mr. Berg, Gian-Maria Mr. Milesi-Ferretti, Eduardo Mr. Borensztein ISBN: 9781451983494
Publisher: INTERNATIONAL MONETARY FUND Publication: January 24, 2000
Imprint: INTERNATIONAL MONETARY FUND Language: English
Author: Catherine Ms. Pattillo, Andrew Mr. Berg, Gian-Maria Mr. Milesi-Ferretti, Eduardo Mr. Borensztein
ISBN: 9781451983494
Publisher: INTERNATIONAL MONETARY FUND
Publication: January 24, 2000
Imprint: INTERNATIONAL MONETARY FUND
Language: English
Recent years have witnessed an increase in the frequency of currency and balance of payments crises in developing countries. More important, the crises have become more virulent, have caused widespread disruption to other developing countries, and have even had repercussions on advanced economies. To predict crises, their causes must be clearly understood. Two competing strands of theories are reviewed in this paper. The first focuses on the consequences of such policies as excessive credit growth in provoking depletion of foreign exchange reserves and making a devaluation enevitable. The second emphasizes the trade-offs between internal and external balance that the policymaker faces in defending a peg.
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Recent years have witnessed an increase in the frequency of currency and balance of payments crises in developing countries. More important, the crises have become more virulent, have caused widespread disruption to other developing countries, and have even had repercussions on advanced economies. To predict crises, their causes must be clearly understood. Two competing strands of theories are reviewed in this paper. The first focuses on the consequences of such policies as excessive credit growth in provoking depletion of foreign exchange reserves and making a devaluation enevitable. The second emphasizes the trade-offs between internal and external balance that the policymaker faces in defending a peg.

More books from INTERNATIONAL MONETARY FUND

Cover of the book Navigating the Fiscal Challenges Ahead by Catherine  Ms. Pattillo, Andrew Mr. Berg, Gian-Maria Mr. Milesi-Ferretti, Eduardo Mr. Borensztein
Cover of the book La eficacia de los controles de capital y las políticas prudenciales en la gestión de la afluencia masiva de capitales by Catherine  Ms. Pattillo, Andrew Mr. Berg, Gian-Maria Mr. Milesi-Ferretti, Eduardo Mr. Borensztein
Cover of the book The Impact of the European Community's internal Market on the EFTA - Occa Paper No.74 by Catherine  Ms. Pattillo, Andrew Mr. Berg, Gian-Maria Mr. Milesi-Ferretti, Eduardo Mr. Borensztein
Cover of the book The West African Monetary Union An Analytical Review by Catherine  Ms. Pattillo, Andrew Mr. Berg, Gian-Maria Mr. Milesi-Ferretti, Eduardo Mr. Borensztein
Cover of the book Federal Republic of Germany: Adjustment in a Surplus Country, Occ. Paper No. 64 by Catherine  Ms. Pattillo, Andrew Mr. Berg, Gian-Maria Mr. Milesi-Ferretti, Eduardo Mr. Borensztein
Cover of the book Moderate Inflation:The Experience of Transition Economies by Catherine  Ms. Pattillo, Andrew Mr. Berg, Gian-Maria Mr. Milesi-Ferretti, Eduardo Mr. Borensztein
Cover of the book Prevention and Management of Government Arrears by Catherine  Ms. Pattillo, Andrew Mr. Berg, Gian-Maria Mr. Milesi-Ferretti, Eduardo Mr. Borensztein
Cover of the book Finance & Development, December 1970 by Catherine  Ms. Pattillo, Andrew Mr. Berg, Gian-Maria Mr. Milesi-Ferretti, Eduardo Mr. Borensztein
Cover of the book Impact of the Global Financial Crisis on Exchange Rates and Policies in Sub-Saharan Africa by Catherine  Ms. Pattillo, Andrew Mr. Berg, Gian-Maria Mr. Milesi-Ferretti, Eduardo Mr. Borensztein
Cover of the book Finance & Development, September 2001 by Catherine  Ms. Pattillo, Andrew Mr. Berg, Gian-Maria Mr. Milesi-Ferretti, Eduardo Mr. Borensztein
Cover of the book Islamic Republic of Iran: Managing the Transition to a Market Economy by Catherine  Ms. Pattillo, Andrew Mr. Berg, Gian-Maria Mr. Milesi-Ferretti, Eduardo Mr. Borensztein
Cover of the book Growth and Poverty Reduction in Armenia: Achievements and Challenges by Catherine  Ms. Pattillo, Andrew Mr. Berg, Gian-Maria Mr. Milesi-Ferretti, Eduardo Mr. Borensztein
Cover of the book Current Account and External Sustainability in the Baltics, Russia, and Other Countries of the Former Soviet Union by Catherine  Ms. Pattillo, Andrew Mr. Berg, Gian-Maria Mr. Milesi-Ferretti, Eduardo Mr. Borensztein
Cover of the book Current Developments in Monetary and Financial Law, Vol. 3 by Catherine  Ms. Pattillo, Andrew Mr. Berg, Gian-Maria Mr. Milesi-Ferretti, Eduardo Mr. Borensztein
Cover of the book Multilateral Aspects of Managing the Capital Account (EPub) by Catherine  Ms. Pattillo, Andrew Mr. Berg, Gian-Maria Mr. Milesi-Ferretti, Eduardo Mr. Borensztein
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy