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01706cas a2200253 a 4500 |
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|z 9781451842609
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Ghosh, Swart.
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|a Structural Vulnerabilities and Currency Crises /
|c Swart Ghosh, Atish Ghosh.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2002.
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|a 1 online resource (31 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This paper examines the role of structural factors-governance and rule of law, corporate sector governance (creditor rights and shareholder rights), corporate financing structure-as well as macroeconomic variables in currency crises. Using a technique known as a binary recursive tree allows for interactions between the various explanatory variables. It is found that structural vulnerabilities play an important role in the occurrence of 'deep' currency crises (those with a real GDP growth decline of at least 3 percentage points) and that there are complex interactions between these structural vulnerabilities and macroeconomic imbalances.
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|a Mode of access: Internet
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|a Ghosh, Atish.
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|a IMF Working Papers; Working Paper ;
|v No. 2002/009
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2002/009/001.2002.issue-009-en.xml
|z IMF e-Library
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