Strasek, Sebastjan; Jagric, Timotej; Spes, Natasa - In: Managing Global Transitions 5 (2007) 3, pp. 289-304
The paper examines the financial crises of the 1990s. They represent a new kind of crises, as they do not seem to conform to the so-called first generation and second generation literature on currency crises. The outburst of the Asian crises brought a new challenge for economic policy. The...