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The Causes of Asian Currency Crises

Christopher Kirrane

MPRA Paper from University Library of Munich, Germany

Abstract: This paper attempts to answer three questions: (1) does international finance in general and national and international monetary and financial institutions cause financial and economic instability for countries?; (2) Is it possible to prevent the benefits of increased access to international capital markets from being diminished and even reversed by international and national monetary and financial crises, and, as a corollary, (3) are current national currencies outdated?

Keywords: Currency; crises (search for similar items in EconPapers)
JEL-codes: F31 (search for similar items in EconPapers)
Date: 2018-01
New Economics Papers: this item is included in nep-mon and nep-sea
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:89103

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