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Banking Crises In Emerging Economies

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Originally published 1996
Authors Morris Goldstein
Date of Reg.
Date of Upd.
ID1315992
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About Banking Crises In Emerging Economies


In most of the currency crises of the 1990s, the largest output falls have occurred in those emerging economies with large currency mismatches, a phenomenon that occurs when assets and liabilities are denominated in different currencies such that net worth is sensitive to changes in the exchange rate. . . .

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