Explore
![Currency Crisis Currency Crisis](https://unglueit-files.s3.amazonaws.com/cache/08/34/0834d148c45cff33bc2f24751da2e2e4.jpg)
Financial crises are nothing new in the annals of history of the capitalistic path of economic development; indeed, they are part of business cycle. The theoretical basis for this is well entrenched in the concept of ‘Keynesian Cross’. Tales of crises date back centuries, but have taken a new turn as the race for more globalization goes on, which involves liberalizing trade and opening up the financial sector. This has made many nations vulnerable to crises that are likely to be repeated, perhaps frequently. Based on recent experience, warning signs can be seen in the dollar-centric exchange rate, which is the mainstay for the stability of the current global financial system. To a careful observer, there is clearly fatigue in the system.
This book is included in DOAB.
Why read this book? Have your say.
You must be logged in to comment.
Rights Information
Are you the author or publisher of this work? If so, you can claim it as yours by registering as an Unglue.it rights holder.Downloads
This work has been downloaded 165 times via unglue.it ebook links.
- 135 - pdf (CC BY-NC-ND) at Unglue.it.
Keywords
- Argentina
- Asian crisis
- asymmetry
- banking crises
- Belt and Road Initiative
- Cash flow
- China
- cointegration
- commodity price stabilisation
- Currency
- currency convertibility
- Currency Crisis
- currency pegs
- default swap
- derivative
- economic institutions
- emerging market economies
- exchange rate disconnect puzzle
- exchange rates
- GMM
- Grondona system
- international monetary system
- Investment
- LIBOR
- macroeconomic fundamentals
- monetary plurality
- Monetary policy
- money demand
- mortgage crisis
- NARDL
- nonlinear ARDL
- policy uncertainty
- reserve currency
- Risk management
- RMB internationalization
- Special Drawing Right
- Special Drawing Rights (SDRs)
- the U.S.A.
- the U.S.A., asymmetry
- trade balance
Links
DOI: 10.3390/books978-3-03921-579-9Editions
![edition cover edition cover](https://unglueit-files.s3.amazonaws.com/cache/08/34/0834d148c45cff33bc2f24751da2e2e4.jpg)
![edition cover edition cover](/static/images/generic_cover_larger.png)