LEADER 04691nam 22007454a 450 001 9910974763403321 005 20200520144314.0 010 $a9786611125585 010 $a9781281125583 010 $a128112558X 010 $a9780226241104 010 $a0226241106 024 7 $a10.7208/9780226241104 035 $a(CKB)1000000000408641 035 $a(EBL)408248 035 $a(OCoLC)476228199 035 $a(SSID)ssj0000143100 035 $a(PQKBManifestationID)11152657 035 $a(PQKBTitleCode)TC0000143100 035 $a(PQKBWorkID)10109388 035 $a(PQKB)10704199 035 $a(StDuBDS)EDZ0000115719 035 $a(DE-B1597)524337 035 $a(OCoLC)842289565 035 $a(DE-B1597)9780226241104 035 $a(Au-PeEL)EBL408248 035 $a(CaPaEBR)ebr10209970 035 $a(CaONFJC)MIL112558 035 $a(NBER)w8837 035 $a(MiAaPQ)EBC408248 035 $a(Perlego)1851409 035 $a(EXLCZ)991000000000408641 100 $a20020423d2003 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 00$aEconomic and financial crises in emerging market economies /$fedited by Martin Feldstein 205 $a1st ed. 210 $aChicago $cUniversity of Chicago Press$d2003 215 $a1 online resource (541 p.) 225 1 $aNBER conference report 300 $aDescription based upon print version of record. 311 08$a9780226241098 311 08$a0226241092 320 $aIncludes bibliographical references and indexes. 327 $tFront matter --$tContents --$tPreface --$tEconomic and Financial Crises in Emerging Market: Economies An Overview of Prevention and Management --$t1. Exchange Rate Regimes --$t2. Financial Policies --$t3. Industrial Country Policies --$t4. IMF Stabilization Programs --$t5. IMF Structural Programs --$t6. Creditor Relations --$tBiographies --$tContributors --$tAuthor Index 330 $aIn the late 1990's, economic and financial crises raged through East Asia, devastating economies that had previously been considered among the strongest in the developing world. The crises eventually spread to Russia, Turkey, and Latin America, and impacted the economies of many industrialized nations as well. In today's increasingly interdependent world, finding ways to reduce the risk of future crises-and to improve the management of crises when they occur-has become an international policy challenge of paramount importance. This book rises to that challenge, presenting accessible papers and commentaries on the topic not only from leading academic economists, but also from high-ranking government officials (in both industrial and developing nations), senior policymakers at international institutions, and major financial investors. Six non-technical papers, each written by a specialist in the topic, provide essential economic background, introducing sections on exchange rate regimes, financial policies, industrial country policies, IMF stabilization policies, IMF structural programs, and creditor relations. Next, personal statements from the major players give firsthand accounts of what really went on behind the scenes during the crises, giving us a rare glimpse into how international economic policy decisions are actually made. Finally, wide-ranging discussions and debates sparked by these papers and statements are summarized at the end of each section. The result is an indispensable overview of the key issues at work in these crises, written by the people who move markets and reshape economies, and accessible to not just economists and policymakers, but also to educated general readers. Contributors: Montek S. Ahluwalia, Domingo F. Cavallo, William R. Cline, Andrew Crockett, Michael P. Dooley, Sebastian Edwards, Stanley Fischer, Arminio Fraga, Jeffrey Frankel, Jacob Frenkel, Timothy F. Geithner, Morris Goldstein, Paul Keating, Mervyn King, Anne O. Krueger, Roberto Mendoza, Frederic S. Mishkin, Guillermo Ortiz, Yung Chul Park, Nouriel Roubini, Robert Rubin, Jeffrey Sachs, Ammar Siamwalla, George Soros 410 0$aNBER conference report. 606 $aFinancial crises$vCongresses 606 $aEconomic stabilization$vCongresses 606 $aEconomic policy$vCongresses 615 0$aFinancial crises 615 0$aEconomic stabilization 615 0$aEconomic policy 676 $a338.5/42 701 $aFeldstein$b Martin S$088785 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910974763403321 996 $aEconomic and financial crises in emerging market economies$94367426 997 $aUNINA