304 Pages
52 B/W Illustrations
by
Routledge
304 Pages
52 B/W Illustrations
by
Routledge
288 Pages
52 B/W Illustrations
by
Routledge
Also available as eBook on:
Financial crises are dramatic events. When they emerge, they tend to dominate the attention of the press and become the focus of policymakers. In one form or another, they have affected the lives of millions of people throughout the world. As references to 16 th century Dutch tulips, 18 th South Seas merchant ventures, or 1920s Florida real estate make clear, they have been around for a long... Read more
Preface 1. Introduction: Varieties of Financial Crises 2. Chile 1982: Twin Crises in the Southern Cone 3. ERM 1992: Bumps on the Road to Monetary Unification 4. Mexico 1994: Travails of a Star Pupil 5. Asia 1997: The Miracle Undermined 6. Russia 1998: Pitfalls of Transition 7. Brazil 1999: The Perils of Stabilization 8. Ecuador 1999: Triple Crises and Dollarization 9. Turkey 2001: A Triple Crisis Narrowly Averted 10. Argeintna 2002: Collapse of the Convertibility Plan 11. Iceland 2008: The Geyser Economy 12. A Summing Up
Biography
Peter J. Montiel is Farleigh S. Dickinson Jr. ’41 Professor of Economics at Williams College, Massachusetts, USA. He is the author of three editions of Development Macroeconomics with Pierre-Richard Agénor.
"What can one learn from past experience to avoid future financial crises? Montiel (Williams College) seeks to answer that question by examining economic crises involving countries in Asia, Europe, and Latin America from 1980 to 2010. With the small number of observations precluding statistical analysis, he effectively uses comparative case studies to support his findings...Summing Up: Recommended." - E. L. Whalen, formerly, Clarke College for CHOICE
