Anticipating balance of payments crises : the role of early warning systems /

Recent years have witnessed an increase in the frequency of currency and balance of payments crises in developing countries. More important, the crises have become more virulent, have caused widespread disruption to other developing countries, and have even had repercussions on advanced economies. T...

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Bibliographic Details
Main Author: Berg, Andrew (Author)
Corporate Author: International Monetary Fund
Format: Book
Language:English
Published: Washington, DC : International Monetary Fund, 1999
Series:Occasional paper (International Monetary Fund) ; no. 186
Subjects:
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245 0 0 |a Anticipating balance of payments crises :  |b the role of early warning systems /  |c Andrew Berg [and others] 
260 |a Washington, DC :  |b International Monetary Fund,  |c 1999 
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490 1 |a Occasional paper ;  |v 186 
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504 |a Includes bibliographical references (pages 30-32) 
520 |a Recent years have witnessed an increase in the frequency of currency and balance of payments crises in developing countries. More important, the crises have become more virulent, have caused widespread disruption to other developing countries, and have even had repercussions on advanced economies. To predict crises, their causes must be clearly understood. Two competing strands of theories are reviewed in this paper. The first focuses on the consequences of such policies as excessive credit growth in provoking depletion of foreign exchange reserves and making a devaluation enevitable. The second emphasizes the trade-offs between internal and external balance that the policymaker faces in defending a peg 
588 0 |a Online resource; title from PDF title page (IMF, viewed August 14, 2015) 
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650 0 |a Currency question  |z Developing countries 
650 0 |a Financial crises  |z Developing countries 
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650 7 |a Currency question  |2 fast 
650 7 |a Financial crises  |2 fast 
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700 1 |a Berg, Andrew,  |e author 
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776 0 8 |i Print version:  |t Anticipating balance of payments crises  |d Washington DC : International Monetary Fund, 1999  |w (DLC) 00267035 
830 0 |a Occasional paper (International Monetary Fund) ;  |v no. 186 
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