A note on book covers: while we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
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International Financial Contagion: Theory And Evidence In Evolution
Whenever one of the developing markets sneezes, the rest of the emerging markets in the world are likely to suffer from anything from the sniffles to pneumonia. This research monograph provides an introduction to the subject—definitions of the term, instances of contagion in the 1990s, the theories that attempt to explain it, previous evidence from tests of the theories, and problems with the testing procedures. It also discusses the results of new tests and suggests directions for future research.
A note on book covers: while we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
Explores how financial crises spread globally among emerging markets.
Who is this book for?
If you're interested in how financial crises ripple through the world economy, this book offers a clear overview of the theories and evidence surrounding financial contagion. It dives into real-world examples from the 1990s and discusses the challenges in testing these theories. It's a thoughtful read for anyone wanting to understand the mechanics and future questions in international finance.
