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In this paper I use a broad multi-country data set to analyze the relationship between restrictions to capital mobility and external crises. The analysis focuses on two manifestations of external crises: (a) sudden stops of capital inflows; and (b) current account reversals. I deal with two...
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international capital markets on normal terms. Moreover, the world financial system has been disrupted by the prospect of widespread … for at least 175 years, it is important to understand the fundamental features of the international macroeconomy and … two perspectives, that of the international financial system as a whole (volume 1) and that of individual debtor countries …
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sequencing of reform. I also investigate the role played by current account and fiscal imbalances, contagion, international …
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sequencing of reform. I also investigate the role played by current account and fiscal imbalances, contagion, international …
Persistent link: https://www.econbiz.de/10013232183