Ozen, Etkin; Sahin, Cem; Unalmis, Ibrahim - In: Central Bank Review 13 (2013) Special Issue on Systemic Risk, pp. 65-74
External financial stress is one of the causes of capital outflows and reduction in borrowing ability of emerging markets. Sudden reversal of capital inflows and disruption in access to the international capital markets could be threat for the domestic financial stability as in the case of Asian...