1.

Record Nr.

UNINA9910451987303321

Autore

Calvo Guillermo A

Titolo

Emerging capital markets in turmoil [[electronic resource] ] : bad luck or bad policy / / Guillermo A. Calvo

Pubbl/distr/stampa

Cambridge, Mass., : MIT Press, c2005

ISBN

1-282-09710-5

9786612097102

0-262-26972-4

1-4237-4678-3

Descrizione fisica

1 online resource (564 p.)

Disciplina

332/.09172/4

Soggetti

Financial crises

Capital market

Financial crises - Developing countries

Capital market - Developing countries

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Bibliographic Level Mode of Issuance: Monograph

Nota di bibliografia

Includes bibliographical references (p. [531]-532) and index.

Sommario/riassunto

Analysis of financial crises in emerging market economies, including Mexico, Argentina, and Russia; traces the evolution of crisis theory and challenges the conventional wisdom.Since the mid-1990s, emerging market economies have been hit by dramatic highs and lows: lifted by large capital inflows, then plunged into chaos by constrained credit and out-of-control exchange rates. The conventional wisdom about such crises is strongly influenced by the experience of advanced economies. In Emerging Capital Markets in Turmoil, Guillermo Calvo examines these issues instead from the perspective of emerging market economies themselves, taking into account the limitations and vulnerabilities these economies confront. A succession of crises--Mexico in 1994-5, East Asia in 1997, Russia in 1998, and Argentina in 2001--prompted an urgent search in economic policy circles for cogent explanations. Calvo begins by laying the groundwork for a new



approach to these issues. In the theoretical chapters that follow, he argues that financial crisis theory regarding emerging markets has progressed from focusing on such variables as fiscal deficits, debt sustainability, and real currency devaluation to stressing the role of the financial sector--emphasizing stocks rather than flows as well as the role credibility plays in containing financial crises. He then returns to a more empirical analysis and focuses on exchange-rate issues, considering the advantages and disadvantages of flexible exchange rates for emerging market economies. Coming after a decade of ongoing crises, Calvo's timely reassessment of the importance of external factors in making emerging market economies safer from financial turmoil offers important policy lessons for dealing with inevitable future episodes of financial crises.

2.

Record Nr.

UNINA9910735787403321

Autore

Fujita Hamido

Titolo

Advances and Trends in Artificial Intelligence. Theory and Applications : 36th International Conference on Industrial, Engineering and Other Applications of Applied Intelligent Systems, IEA/AIE 2023, Shanghai, China, July 19–22, 2023, Proceedings, Part I / / edited by Hamido Fujita, Yinglin Wang, Yanghua Xiao, Ali Moonis

Pubbl/distr/stampa

Cham : , : Springer Nature Switzerland : , : Imprint : Springer, , 2023

ISBN

9783031368196

3031368193

Edizione

[1st ed. 2023.]

Descrizione fisica

1 online resource (430 pages)

Collana

Lecture Notes in Artificial Intelligence, , 2945-9141 ; ; 13925

Altri autori (Persone)

WangYinglin

XiaoYanghua

MoonisAli

Disciplina

006.3

Soggetti

Artificial intelligence

Artificial Intelligence

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

Classification and Case-Based Reasoning -- Computer Vision --



Decision Making -- E-Learning -- Information Fusion -- Knowledge Graph and Link Prediction -- Machine Learning Theory -- Pattern Recognition -- Industrial Applications -- Natural Language Processing -- Optimization -- Prediction -- Reinforcement Learning -- Security -- Various Applications.

Sommario/riassunto

This double volume LNAI 13925-13926 constitutes the thoroughly refereed proceedings of the 36th International Conference on Industrial, Engineering and Other Applications of Applied Intelligent Systems, IEA/AIE 2023, held in Shanghai, China, in July 2023. The 50 full papers and 20 short papers presented were carefully reviewed and selected from 129 submissions. The IEA/AIE 2023 conference on applications of applied intelligent systems to solve real-life problems in all areas including business and finance, science, engineering, industry, cyberspace, bioinformatics, automation, robotics, medicine and biomedicine, and human-machine interactions.