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Structural Vulnerability and Currency Crises
By:Swart R. Ghosh,Mr. Atish R. Ghosh
Published on 2002-01-01 by International Monetary Fund

This paper examines the role of structural factors—governance and rule of law, corporate sector governance (creditor rights and shareholder rights), corporate financing structure—as well as macroeconomic variables in currency crises. Using a technique known as a binary recursive tree allows for interactions between the various explanatory variables. It is found that structural vulnerabilities play an important role in the occurrence of “deep” currency crises (those with a real GDP growth decline of at least 3 percentage points) and that there are complex interactions between these structural vulnerabilities and macroeconomic imbalances.
This Book was ranked at 35 by Google Books for keyword Currency crisis.
Book ID of Structural Vulnerability and Currency Crises's Books is J-y-_jPCwIAC, Book which was written bySwart R. Ghosh,Mr. Atish R. Ghoshhave ETAG "slvMSYf1iiM"
Book which was published by International Monetary Fund since 2002-01-01 have ISBNs, ISBN 13 Code is 9781451890785 and ISBN 10 Code is 1451890788
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Book which have "31 Pages" is Printed at BOOK under CategoryBusiness and Economics
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