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FISCAL CONSERVATISM, EXCHANGE RATE FLEXIBILITY, AND THE NEXT GENERATION OF DEBT CRISES
exchange rate systems capital markets financial crises flexible exchange rate
2011/9/17
Discusses the role of fixed exchange rate systems during international debt crises. Vulnerability of countries with open capital markets to financial crises; Criticisms against the actions of Asian ec...
FISCAL CONSERVATISM, EXCHANGE RATE FLEXIBILITY, AND THE NEXT GENERATION OF DEBT CRISES
FISCAL CONSERVATISM EXCHANGE RATE FLEXIBILITY DEBT CRISES
2008/11/6
Despite all the invective hurled at international financial markets
by critics of the “Washington Consensus,” the fact is that strong
healthy financial markets are essential for middle-income countr...