| dc.creator |
Bordo, Michael D. |
|
| dc.date |
2007 |
|
| dc.date.accessioned |
2013-10-16T06:57:35Z |
|
| dc.date.available |
2013-10-16T06:57:35Z |
|
| dc.date.issued |
2013-10-16 |
|
| dc.identifier |
http://hdl.handle.net/10419/17956 |
|
| dc.identifier |
ppn:558303331 |
|
| dc.identifier |
RePEc:zbw:ifwedp:5738 |
|
| dc.identifier.uri |
http://koha.mediu.edu.my:8181/xmlui/handle/10419/17956 |
|
| dc.description |
This lecture revisits the evidence on the incidence and severity of different varieties of financial crises within the context of globalization then (pre-1914) and now (1980 to the present). I then discuss the determinants of emerging market crises from the perspective of the recent balance sheet approach. This approach puts at center stage the importance of financial development. I then peel the onion back further and consider the ?deep? institutional determinants of financial development and their relationship to financial stability. I conclude by conjecturing about the ways countries learn from their financial crises to improve their institutions and grow up to financial stability. |
|
| dc.language |
eng |
|
| dc.publisher |
Kiel Institute for the World Economy (IfW) Kiel |
|
| dc.relation |
Economics Discussion Papers / Institut für Weltwirtschaft 2007-33 |
|
| dc.rights |
http://creativecommons.org/licenses/by-nc/2.0/de/deed.en |
|
| dc.subject |
N1 |
|
| dc.subject |
G2 |
|
| dc.subject |
F4 |
|
| dc.subject |
O1 |
|
| dc.subject |
ddc:330 |
|
| dc.subject |
financial crises |
|
| dc.subject |
globalization |
|
| dc.subject |
financial development |
|
| dc.subject |
institutions |
|
| dc.title |
Growing up to Financial Stability |
|
| dc.type |
doc-type:workingPaper |
|