Currency Crises and the Real Economy: The Role of Banks
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Bibliographic Details
Main Author: Disyatat, Piti (Author)
Format: Electronic eBook
Language:English
Published: Washington, D.C International Monetary Fund 2001
Series:IMF Working Papers Working Paper No. 01/49
Links:http://elibrary.imf.org/view/IMF001/01475-9781451846843/01475-9781451846843/01475-9781451846843.xml
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http://elibrary.imf.org/view/IMF001/01475-9781451846843/01475-9781451846843/01475-9781451846843.xml
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http://elibrary.imf.org/view/IMF001/01475-9781451846843/01475-9781451846843/01475-9781451846843.xml
http://elibrary.imf.org/view/IMF001/01475-9781451846843/01475-9781451846843/01475-9781451846843.xml
http://elibrary.imf.org/view/IMF001/01475-9781451846843/01475-9781451846843/01475-9781451846843.xml
http://elibrary.imf.org/view/IMF001/01475-9781451846843/01475-9781451846843/01475-9781451846843.xml
http://elibrary.imf.org/view/IMF001/01475-9781451846843/01475-9781451846843/01475-9781451846843.xml
http://elibrary.imf.org/view/IMF001/01475-9781451846843/01475-9781451846843/01475-9781451846843.xml
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http://elibrary.imf.org/view/IMF001/01475-9781451846843/01475-9781451846843/01475-9781451846843.xml
http://elibrary.imf.org/view/IMF001/01475-9781451846843/01475-9781451846843/01475-9781451846843.xml
http://elibrary.imf.org/view/IMF001/01475-9781451846843/01475-9781451846843/01475-9781451846843.xml
http://elibrary.imf.org/view/IMF001/01475-9781451846843/01475-9781451846843/01475-9781451846843.xml
http://elibrary.imf.org/view/IMF001/01475-9781451846843/01475-9781451846843/01475-9781451846843.xml
http://elibrary.imf.org/view/IMF001/01475-9781451846843/01475-9781451846843/01475-9781451846843.xml
http://elibrary.imf.org/view/IMF001/01475-9781451846843/01475-9781451846843/01475-9781451846843.xml
http://elibrary.imf.org/view/IMF001/01475-9781451846843/01475-9781451846843/01475-9781451846843.xml
http://elibrary.imf.org/view/IMF001/01475-9781451846843/01475-9781451846843/01475-9781451846843.xml
Abstract:This paper shows that the quality of banks within each country is one of the important factors that can account for the fact that developing economies tend to suffer more severe output contractions in the wake of a currency crisis than more mature economies. In particular, countries with a banking sector whose balance sheets are healthy, in terms of having high net worth and low foreign currency exposure, are much less likely to suffer a contraction in the wake of an unexpected depreciation
Physical Description:1 Online-Ressource (29 p)
ISBN:1451846843
9781451846843