'Original Sin,' Balance Sheet Crises, and the Roles of International Lending /
We present a stylized framework which encompasses a variety of "balance sheet approaches" to currency crises that have been suggested in the literature, and analyze their policy implications. The common theme is that currency and maturity mismatches in private sector balance sheets constra...
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2002.
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Series: | IMF Working Papers; Working Paper ;
No. 2002/234 |
Online Access: | Full text available on IMF |