Arbeitspapier
Varieties of Capital-Market Crises
In this post-modern world of high capital mobility, countries are being disciplined by the anonymous capital market. One view of the situation -perhaps the prevalent view among economists- is that Wall Street gets into your hair because you are running an unsustainable economic program and crises are bound to happen. A polar view is that countries are at the mercy of the capital market. This paper attempts to bring these views under one roof, putting special emphasis on balance-of-payment crises.
- Sprache
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Englisch
- Erschienen in
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Series: Working Paper ; No. 306
- Klassifikation
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Wirtschaft
- Ereignis
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Geistige Schöpfung
- (wer)
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Calvo, Guillermo A.
- Ereignis
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Veröffentlichung
- (wer)
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Inter-American Development Bank, Office of the Chief Economist
- (wo)
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Washington, DC
- (wann)
-
1995
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Calvo, Guillermo A.
- Inter-American Development Bank, Office of the Chief Economist
Entstanden
- 1995