Currency Crises. A Challenge for Economic Theory and Policy

Franz Rudolf Hahn ()

Austrian Economic Quarterly, 1998, vol. 3, issue 4, pages 183-190

Abstract: Globalization and the liberalization of capital movements have increased the fragility of financial markets. The dangers resulting from unstable and crisis-prone financial markets can hardly be over-estimated and deserve the highest attention of economic policy. The latest currency crises in East Asia and Russia, and their manifold causes have therefore drawn renewed interest of academic as well as policy circles to issues of international arrangements to prevent such crises, their efficient management, but also of the architecture of international regulations for financial and capital markets, and of the role of the banks.

Keywords: Currency; Crises.; A; Challenge; for; Economic; Theory; and; Policy (search for similar items in EconPapers)
Date: 1998
View list of references View citations in EconPapers

Downloads: (external link)
http://www.wifo.ac.at/wwa/jsp/index.jsp?fid=23923& ... anguage=2&language=2 Abstract (text/html)
http://www.wifo.ac.at/wwa/servlet/wwa.upload.Downl ... _currency_crises.pdf full text (application/pdf)
Payment required

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:wfo:wquart:y:1998:i:4:p:183-190

Access Statistics for this article

More articles in Austrian Economic Quarterly from WIFO
Contact information at EDIRC.
Series data maintained by Ilse Schulz ().