ENGLISH

Financial vulnerability, spillover effects, and contagion: lessons from the Asian crises for Latin America

By Daniel Lederman , Guillermo Perry

Book information

Publisher
World Bank Publications
Year
1998
ISBN
0821342282, 9780821342282
LCC
HG3252 .P47 1998
Google Books ID
rrlTucFhtXEC
Open Library ID
OL360820M
Language
english
Format
EPUB
Filesize
3 MB (3414032 bytes)
Pages
\0
Time added
2011-08-31 04:54:40

Description

There is already a large and growing literature about the financial crises affecting several former star economic performers in Asia. Some analysis have focused on the mismanagement of the structure of foreign debt and economic policies, while others have focused on weaknesses ingrained in the domestic financial and banking sectors of these economies. This paper attempts to reconcile these alternative explanations in a simple framework, where the causes and symptoms of "financial vulnerability" are distinguished.

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