Speculative attacks and currency crises: The Mexican experience
✍ Scribed by Inci Ötker; Ceyla Pazarbaşioĝlu
- Publisher
- Springer US
- Year
- 1996
- Tongue
- English
- Weight
- 973 KB
- Volume
- 7
- Category
- Article
- ISSN
- 0923-7992
No coin nor oath required. For personal study only.
📜 SIMILAR VOLUMES
## Abstract The new‐style currency crises that have afflicted a number of developing and emerging economies of late are characterised by sudden stops in capital inflows and adverse balance sheet effects. Given the potential high costs of these crises, there remains an ongoing debate on how they mig
interest rates necessary today for defending spot exchange rates are still higher than they need be. Further progress is slowly nudging spot rates upward through time, so as to increase dollar values of their currencies expected in the future, could prevent further rounds of `beggar-thy-neighbour' d