Lessons from the Past, Preparation for the Future
Numerous crises rocked the world financial sector in the 1990s: the Asian bubble burst; Argentina and Brazil suffered currency crises; and the post-Soviet economy bottomed out in Russia. Here a distinguished group of economists and policy analysts draw lessons from attempts to recover from these and other financial crises of recent history. Potential hazards facing the world economy in the twenty-first century are also discussed along with approaches that could help to prevent them.
This important new volume emerges from the seventh annual conference on emerging markets finance, cosponsored and organized by the World Bank and the Brookings Institution. It is the sixth volume in the Emerging Markets Series.
Contributors: Indermit Gill (World Bank), Morris Goldstein (Institute for International Economics), Robert Holzmann (World Bank), Patrick Honohan (World Bank), Fernando Montes-Negret (World Bank), Thomas Muller (World Bank), Brian Pinto (World Bank), and Anna Wong (Institute for International Economics).
299 pages; ISBN 9780815797968
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Title: Financial Crises
Author: Gerard Caprio; James A. Hanson; Robert E. Litan