Gruben, William C.; Welch, John H. - In: Economic and Financial Policy Review (2001) Q IV, pp. 12-23
Of the many countries that suffered exchange rate crises in the 1990s, Brazil and Korea recovered most rapidly. This article analyzes the Brazilian recovery. William Gruben and John Welch focus on the freedom that Brazilian bank health gave to the central bank to pursue a postcrisis monetary...
