Economists and policymakers are still trying to understand the lessons recent financial crises in Asia and other emerging market countries hold for the future o

The management of financial crises in emerging markets is a vital and high-stakes challenge in an increasingly global economy. For this reason, it's also a high

Currency Crises in Emerging Markets, prepared by Warsaw-based Center for Social and Economic Research (CASE), discusses various aspects of currency crises in em

The essays in this volume analyze causes of financial crises in emerging markets and different policy responses.

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 tha