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Sudden stops and currency drops : a historical look /

This paper shows that recent manifestations of sudden stops (SSs) in international capital flows have striking parallels in the early financial globalization era preceding World War I. All main capital-importing countries then faced episodic capital flow reversals averaging some 5 percent of GDP and...

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Bibliographic Details
Call Number:Libro Electrónico
Main Author: Catão, Luis (Author)
Corporate Author: International Monetary Fund. Research Department
Format: Electronic eBook
Language:Inglés
Published: [Washington, D.C.] : International Monetary Fund, ©2006.
Series:IMF working paper ; WP/06/133.
Subjects:
Online Access:Texto completo

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