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...
| Autor principal: | |
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| Formato: | Revista |
| Lenguaje: | English |
| Publicado: |
Washington, D.C. :
International Monetary Fund,
2006.
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| Colección: | IMF Working Papers; Working Paper ;
No. 2006/133 |
| Acceso en línea: | Full text available on IMF |