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Interpreting currency crises : a review of theory, evidence, and issues

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dc.creator Saqib, Omar F.
dc.date 2002
dc.date.accessioned 2013-10-16T06:59:17Z
dc.date.available 2013-10-16T06:59:17Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/18287
dc.identifier ppn:361420080
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/18287
dc.description The main objective of this paper is to understand the causes and symptoms of currency crises by reviewing its seminal literature, establishing its determinants, and outlining some of the relevant issues. The paper highlights the need to comprehend the process, which may lead to the inconsistency of the policies and render the situation favourable for a speculative attack. This involves, broadening the determinants of exchange rate crises beyond pure economic fundamentals through incorporating non-economic factors, such as political incentives on macroeconomic policy making. In effect, the review accentuates upon the need to develop a model that bridges the gap between the conventional and non-conventional determinants of a currency crisis.
dc.language eng
dc.publisher Deutsches Institut für Wirtschaftsforschung (DIW) Berlin
dc.relation DIW-Diskussionspapiere 303
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject ddc:330
dc.subject Währungskrise
dc.subject Wechselkurstheorie
dc.subject Devisenspekulation
dc.subject Theorie
dc.subject Welt
dc.title Interpreting currency crises : a review of theory, evidence, and issues
dc.type doc-type:workingPaper


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