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Emerging Capital Markets in Turmoil: Bad Luck or Bad Policy?
Analysis of financial crises in emerging market economies, including Mexico, Argentina, and Russia; traces the evolution of crisis theory and challenges the conventional wisdom.Since the mid-1990s, emerging market economies have been hit by dramatic highs and lows: lifted by large capital inflows, then plunged into chaos by constrained credit and out-of-control exchange rates. The conventional …
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- ISBN/ISSN
- 9780262269728
- Collation
- 1 online resource (xiii, 547 pages) :illustrations
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Money, exchange rates, and output
Guillermo Calvo, who foresaw the financial crisis that followed the devaluation of Mexico's peso, has spent much of his career thinking beyond the conventional wisdom. In a quiet and understated way, Calvo has made seminal contributions to several major research areas in macroeconomics, particularly monetary policy, exchange rates, public debt, and stabilization in Latin America and post-commun…
- Edition
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- ISBN/ISSN
- 9780262269735
- Collation
- 1 online resource (xxv, 510 pages) :illustrations
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- Call Number
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