Currency Crises

Author/creator Krugman, Paul, 1953- Editor
Format Electronic
Publication InfoChicago : University of Chicago Press Chicago : Chicago Distribution Center [Distributor]
Description356 p. ill 09.000 x 06.000 in.
Supplemental ContentFull text available from Ebook Central - Academic Complete
Subjects

SeriesNational Bureau of Economic Research Conference Report Ser.
Summary Annotation <div>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&#8212;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&#8212;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?<br /><br />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.</div>
Access restrictionAvailable only to authorized users.
Technical detailsMode of access: World Wide Web
Genre/formElectronic books.
LCCN 00037712
ISBN9780226454627
ISBN0226454622 (Trade Cloth) Active Record
Standard identifier# 9780226454627
Stock number00027142