Brookings Trade Forum 2002 Author:Susan Margaret Collins, Dani Rodrik Currency crises are extremely perplexing problems, initially erupting in a countrys financial markets and spreading throughout a countrys economy and beyondoften with devastating consequences for real economic activity. Experts on the two most recent crisesin Argentina and Turkeytogether with others who have studied currency crises more broadly,... more » examine why such crises continue to erupt and how to mitigate their impact, possibly preventing additional crises in the future. Argentinas Avoidable Crisis: Bad Luck, Bad Economics, Bad Politics, Bad Advice Andrew Powell, Universidad Torcuato di Tella Hard Money's Soft Underbelly: Understanding the Argentine Crisis Ricardo Hausmann, Harvard University Andrs Velasco, Harvard University Banking Sector Fragility and Turkey's 200001 Financial Crisis Fatih zatay, Merkez Bankasi Gven Sak, Merkez Bankasi Panel: Lessons of Recent Currency Crises Morris Goldstein, Institute for International Economics Currency Crises: A Practitioner's View Jose Luis Machinea, Inter-American Development Bank Does East Asia Need a New Development Paradigm? Yung Chul Park, Korea University Currency crises are extremely perplexing problems, initially erupting in a countrys financial markets and spreading throughout a countrys economy and beyondoften with devastating consequences for real economic activity. Experts on the two most recent crisesin Argentina and Turkeytogether with others who have studied currency crises more broadly, examine why such crises continue to erupt and how to mitigate their impact, possibly preventing additional crises in the future. Argentinas Avoidable Crisis: Bad Luck, Bad Economics, Bad Politics, Bad Advice Andrew Powell, Universidad Torcuato diTella Hard Money's Soft Underbelly: Understanding the Argentine Crisis Ricardo Hausmann, Harvard University Andrs Velasco, Harvard University Banking Sector Fragility and Turkey's 200001 Financial Crisis Fatih zatay, Merkez Bankasi Gven Sak, Merkez Bankasi Panel: Lessons of Recent Currency Crises Morris Goldstein, Institute for International Economics Currency Crises: A Practitioner's View Jose Luis Machinea, Inter-American Development Bank Does East Asia Need a New Development Paradigm? Yung Chul Park, Korea University« less