The Challenge of Predicting Economic Crises |
|
| Author:
| Berg, Andrew
Pattillo, Catherine A. |
| Contribution by:
| International Monetary Fund Staff, |
| Series title: | Economic Issues Ser. |
| ISBN: | 978-1-55775-884-2 |
| Publication Date: | Sep 2000 |
| Publisher: | International Monetary Fund
|
| Book Format: | Paperback |
| List Price: | USD $5.00 |
Book Description:
|
The integration of financial markets around the world over the past decade has posed new challenges for policymakers. The speed with which money can be switched in and out of currencies and countries has increased with the efficiency of global communications, considerably shortening the time policymakers have to respond to emerging crises. This pamphlet takes alook at attempts by economists to predict crises by developing early warning systems to signal when trouble may be brewing in...
More DescriptionThe integration of financial markets around the world over the past decade has posed new challenges for policymakers. The speed with which money can be switched in and out of currencies and countries has increased with the efficiency of global communications, considerably shortening the time policymakers have to respond to emerging crises. This pamphlet takes alook at attempts by economists to predict crises by developing early warning systems to signal when trouble may be brewing in currency markets and banking systems.