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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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- 9780262269728
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- 1 online resource (xiii, 547 pages) :illustrations
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