G2TT
来源类型Book
规范类型其他
ISBN9780815702115
Financial Crises in “Successful” Emerging Economies
Ricardo Ffrench-Davis
发表日期2001-10-01
出版者Brookings Institution Press, October 1, 2001
出版年2001
语种英语
摘要
financial_crises

Financial crises in emerging economies are very different today than they were in the past. Between 1940 and the 1970s, such traumas involved large fiscal deficits, repressed domestic financial systems, and balance of payments situations that were associated with a sharp worsening of terms of trade. In recent years, however, a “new variety” of crisis has evolved in Asia and Latin America. Many of the emerging economies that have experienced financial trauma have been considered very successful until the crises explode. This collection focuses on such economies. The five contributors provide policy-oriented analysis that seeks to identify crucial variables that affect the probability or intensity of crisis. José Antonio Ocampo (ECLAC) and Ricardo Ffrench-Davis explore the variables that play a part in determining whether a financial crisis is likely to occur. They analyze “vulnerability zones” for certain key variables—such as net liquid external liabilities, current-account deficits, and real exchange rates—and examine how and why capital surges have contributed to worsen marcoeconomic fundamentals in emerging economies. Manuel Agosin (University of Chile) draws a parallel between Korea and Taiwan, showing how the two countries had similar histories between the mid-1960s and the early 1990s, then followed different paths during the 1990s. Ricardo Ffrench-Davis (ECLAC) concentrates on Chile’s experience with three “positive” financial shocks: in the 1970s, in 1991-94, and in 1995-97. Jaime Ros (Notre Dame University) explores contrasting situations in Mexico in 1991-94 and 1996-97, and discusses the variables that explain the marked differences between the two episodes. Ricardo Ffrench-Davis is principal regional adviser at ECLAC and co-founder of the Center for Economic Research on Latin America (CIEPLAN). He is the author or editor of fifteen books on international economics, development, strategies, foreign financial, and Latin American economies, including Reforming the Reforms: Macro, Trade, Finance (Palgrave/Macmillan, 1999).

URLhttps://www.brookings.edu/book/financial-crises-in-successful-emerging-economies/
来源智库Brookings Institution (United States)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/285352
推荐引用方式
GB/T 7714
Ricardo Ffrench-Davis. Financial Crises in “Successful” Emerging Economies. 2001.
条目包含的文件
文件名称/大小 资源类型 版本类型 开放类型 使用许可
56917d79a0f1fb7dfb8b(6KB)智库出版物 限制开放CC BY-NC-SA缩略图
浏览
个性服务
推荐该条目
保存到收藏夹
导出为Endnote文件
谷歌学术
谷歌学术中相似的文章
[Ricardo Ffrench-Davis]的文章
百度学术
百度学术中相似的文章
[Ricardo Ffrench-Davis]的文章
必应学术
必应学术中相似的文章
[Ricardo Ffrench-Davis]的文章
相关权益政策
暂无数据
收藏/分享
文件名: 56917d79a0f1fb7dfb8bd4e031fd178adc36e04e.jpg
格式: JPEG

除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。