Chapter

Economic and Financial Crises in Emerging Market Economies

Martin Feldstein

in Economic and Financial Crises in Emerging Market Economies

Published by University of Chicago Press

Published in print February 2003 | ISBN: 9780226241098
Published online February 2013 | e-ISBN: 9780226241104 | DOI: http://dx.doi.org/10.7208/chicago/9780226241104.003.0001
Economic and Financial Crises in Emerging Market Economies

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This chapter provides an overview of prevention, reduction and management of the risk of financial and currency crises in emerging market economies. It discusses the lessons that can be learned from the crises of the 1970s to the 1990s and identifies strategies for reducing the risk of recurrent crises in emerging market economies. This chapter also analyzes how potential future crises can be managed in a way that would reduce the adverse effects of dealing with those crises and that would discourages behavior that increases the risk of future crises.

Keywords: financial crises; currency crises; emerging market economies; crises prevention; crises reduction; crises management

Chapter.  14007 words. 

Subjects: International Economics

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