The Increasing Virulence of Man-Made Crises: Financial Crises and Global Instability

Sara Hsu

Journal of Economic Issues, 2012, vol. 46, issue 2, 491-498

Abstract: In this article, we examine financial crises after the Bretton Woods period using a new virulence index. After summarizing financial crises after Bretton Woods, we analyze aspects of four separate crises in a virulence index. The index includes measures of contagion, as well as impacts on economic, financial and social indicators. We find that financial crises have increased in virulence over time.

Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:mes:jeciss:v:46:y:2012:i:2:p:491-498

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DOI: 10.2753/JEI0021-3624460224

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