Razin, Asaf; Rosefielde, Steven - 2011
"We survey three distinct types of financial crises which took place in the 1990s and the 2000s: 1) the credit … from frothy economies with fixed exchange rate regimes of developing Asian economies, and 3) The 2008 worldwide debacle … rooted in financial institutional opacity and reckless aggregate demand management, epi-centered in the US, that spread …