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Controlling Currency Mismatches In Emerging Markets
Controlling Currency Mismatches In Emerging Markets
Author: Morris Goldstein, Philip Turner
In most of the currency crises of the 1990s, the largest output falls have occurred in those emerging economies with large currency mismatches, a phenomenon that occurs when assets and liabilities are denominated in different currencies such that net worth is sensitive to changes in the exchange rate. Currency mismatching makes crisis management...  more »
ISBN-13: 9780881323603
ISBN-10: 0881323608
Pages: 100
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Publisher: Peterson Institute
Book Type: Paperback
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