Fiscal Vulnerability and Financial Crises in Emerging Market Economies /

Fiscal problems have long been considered a central feature of financial--that is, currency, debt, and banking--crises. This paper addresses four questions: What are the fiscal causes of crises? Which fiscal vulnerability indicators help to predict crises? Can fiscal variables explain the severity o...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Hemming, Richard
Weitere Verfasser: Kell, Michael, Schimmelpfennig, Axel
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2003.
Schriftenreihe:Occasional Papers; Occasional Paper ; No. 2003/002
Online Zugang:Full text available on IMF