Other people's money : debt denomination and financial instability in emerging market economies / edited by Barry Eichengreen and Ricardo Hausmann.
Annotation Recent crises in emerging markets have been heavily driven by balance-sheet or net-worth effects. Episodes in countries as far-flung as Indonesia and Argentina have shown that exchange rate adjustments that would normally help to restore balance can be destabilizing, even catastrophic, fo...
Full description
Saved in: