Hidden Bibliographic Details
Other authors / contributors: | International Monetary Fund. Research Department.
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ISBN: | 1451893973 9781451893977 1281600415 9781281600417 146232178X 9781462321780 1452702853 9781452702858 9786613781109 661378110X
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Notes: | Includes bibliographical references (pages 27-28). Restrictions unspecified Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010. Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 English. digitized 2010 HathiTrust Digital Library committed to preserve Print version record.
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Summary: | This paper shows that the quality of banks within each country is one of the important factors that can account for the fact that developing economies tend to suffer more severe output contractions in the wake of a currency crisis than more mature economies. In particular, countries with a banking sector whose balance sheets are healthy, in terms of having high net worth and low foreign currency exposure, are much less likely to suffer a contraction in the wake of an unexpected depreciation.
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Other form: | Print version: Disyatat, Piti, 1973- Currency crises and the real economy. [Washington, D.C.] : International Monetary Fund, Research Dept., ©2001
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Standard no.: | 10.5089/9781451893977.001
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