Sudden Stops and Currency Drops : A Historical Look /

This paper shows that recent manifestations of sudden stops (SSs) in international capital flows have striking parallels in the early financial globalization era preceding World War I. All main capital-importing countries then faced episodic capital flow reversals averaging some 5 percent of GDP and...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Catao, Luis
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2006.
سلاسل:IMF Working Papers; Working Paper ; No. 2006/133
الوصول للمادة أونلاين:Full text available on IMF