Current Account Reversals and Currency Crises : Empirical Regularities /

This paper studies large reductions in current account deficits and exchange rate depreciations in low- and middle-income countries. It examines which factors help predict the occurrence of a reversal or a currency crisis, and how these events affect macroeconomic performance. Both domestic factors,...

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Autor principal: Milesi-Ferretti, Gian
Altres autors: Razin, Assaf
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 1998.
Col·lecció:IMF Working Papers; Working Paper ; No. 1998/089
Accés en línia:Full text available on IMF