Calvo, Guillermo A. (contributor); Drazen, Allan (contributor) - 2007
There is no universally accepted definition of a currency crisis, but most would agree that they all involve one key … element: investors fleeing a currency en masse out of fear that it might be devalued, in turn fueling the very devaluation … wide-ranging volume, some of the best minds in economics focus on the historical and theoretical aspects of currency crises …