Anticipating Balance of Payments Crises--The Role of Early Warning Systems /

Recent years have witnessed an increase in the frequency of currency and balance of payments crises in developing countries. More important, the crises have become more virulent, have caused widespread disruption to other developing countries, and have even had repercussions on advanced economies. T...

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מחבר ראשי: Pattillo, Catherine
מחברים אחרים: Berg, Andrew, Borensztein, Eduardo., Milesi-Ferretti, Gian
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2000.
סדרה:Occasional Papers; Occasional Paper ; No. 2000/004
נושאים:
גישה מקוונת:Full text available on IMF
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100 1 |a Pattillo, Catherine. 
245 1 0 |a Anticipating Balance of Payments Crises--The Role of Early Warning Systems /  |c Catherine Pattillo, Andrew Berg, Gian Milesi-Ferretti, Eduardo Borensztein. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2000. 
300 |a 1 online resource (39 pages) 
490 1 |a Occasional Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a Recent years have witnessed an increase in the frequency of currency and balance of payments crises in developing countries. More important, the crises have become more virulent, have caused widespread disruption to other developing countries, and have even had repercussions on advanced economies. To predict crises, their causes must be clearly understood. Two competing strands of theories are reviewed in this paper. The first focuses on the consequences of such policies as excessive credit growth in provoking depletion of foreign exchange reserves and making a devaluation enevitable. The second emphasizes the trade-offs between internal and external balance that the policymaker faces in defending a peg. 
538 |a Mode of access: Internet 
650 7 |a Capital and Ownership Structure  |2 imf 
650 7 |a Financial Risk and Risk Management  |2 imf 
650 7 |a Financing Policy  |2 imf 
650 7 |a Goodwill  |2 imf 
650 7 |a Value of Firms  |2 imf 
700 1 |a Berg, Andrew. 
700 1 |a Borensztein, Eduardo.. 
700 1 |a Milesi-Ferretti, Gian. 
830 0 |a Occasional Papers; Occasional Paper ;  |v No. 2000/004 
856 4 0 |z Full text available on IMF  |u https://elibrary.imf.org/openurl?genre=book&isbn=9781557758286  |z IMF e-Library