Financial Crises in "e;Successful"e; Emerging Economies
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A Brookings Institution Press and Economic Commission for Latin America and the Caribbean (ECLAC) publicationFinancial crises in emerging economies are very different today than they were in the past. Between 1940 and the 1970s, such traumas involved large fiscal deficits, repressed domestic financial systems, and balance of payments situations that were associated with a sharp worsening of terms ...
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A Brookings Institution Press and Economic Commission for Latin America and the Caribbean (ECLAC) publicationFinancial crises in emerging economies are very different today than they were in the past. Between 1940 and the 1970s, such traumas involved large fiscal deficits, repressed domestic financial systems, and balance of payments situations that were associated with a sharp worsening of terms ...
Read more