Understanding Financial Crises: Causes, Consequences, and Policy Responses

作者: Stijn Claessens , M. Ayhan Kose , Luc Laeven , Fabián Valencia

DOI: 10.2139/SSRN.2295199

关键词:

摘要: The global financial crisis of 2007-09 has led to an intensive research program analyzing a wide range issues related crises. This paper presents summary forthcoming book, Financial Crises: Causes, Consequences, and Policy Responses, that includes 19 contributions examining these distilling policy lessons. book covers crises, including banking, balance-of-payments, sovereign debt It reviews the typical patterns prior considers lessons on their antecedents, analyzes evolution aftermath. also provides valuable how prevent, contain manage

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