As the recent Mexican crisis vividly illustrates, Latin American countries often go through boom-bust cycles caused by both domestic policies and external shocks. Such cycles are typically magnified by weak banking systems which intermediate large capital inflows. This paper develops a simple...

As the recent Mexican crisis vividly illustrates, Latin American countries often go through boom-bust cycles caused by both domestic policies and external shocks. Such cycles are typically magnified by weak banking systems which intermediate large capital inflows. This paper develops a simple...

Wer ist wer? Was ist was? -- Die europäische Bankenkrise -- Die Schuldenkrise -- Ein unverhoffter Vorsitz -- Krise in Zypern: die Blaupause -- Die Bankenunion: Vom Bail-out zum Bail-in -- Griechenland am Abgrund -- "Schnaps und Frauen" -- Rückblick -- Die Zukunft der Währungsunion

As the recent Mexican crisis vividly illustrates, Latin American countries often go through boom-bust cycles caused by both domestic policies and external shocks. Such cycles are typically magnified by weak banking systems which intermediate large capital inflows. This paper develops a simple...