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...

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Détails bibliographiques
Auteur principal: Hemming, Richard
Autres auteurs: Kell, Michael, Schimmelpfennig, Axel
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2003.
Collection:Occasional Papers; Occasional Paper ; No. 2003/002
Accès en ligne:Full text available on IMF