Alternative approaches to financial crises in emerging markets
ABSTRACT This text analyzes the occurrence of crises in the financial markets of the so-called emerging economies. In the second section, we analyze the factors that can lead to financial crises in these markets, as well as suggest some macroeconomic measures or institutional arrangements that could prevent or minimize them. The third section discusses the role of international organizations, especially the IMF, in preventing and resolving these crises.
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| Main Author: | |
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| Format: | Digital revista |
| Language: | English |
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Centro de Economia Política
1996
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| Online Access: | http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31571996000200202 |
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| Summary: | ABSTRACT This text analyzes the occurrence of crises in the financial markets of the so-called emerging economies. In the second section, we analyze the factors that can lead to financial crises in these markets, as well as suggest some macroeconomic measures or institutional arrangements that could prevent or minimize them. The third section discusses the role of international organizations, especially the IMF, in preventing and resolving these crises. |
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