Financial Crises, Credit Ratings, and Bank Failures : An Introduction

• Tác giả: Carmen M Reinhart
• Ngôn ngữ: eng
• Ký hiệu phân loại: 658.1 Organization and finance
• Thông tin xuất bản: Washington, DC: World Bank, 2014
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 314013
• Chủ đề: 1. BANK FAILURE; 2. BANK FAILURES; 3. BANKING CRISES; 4. BOND; 5. BOOM-BUST CYCLE

Tóm tắt

Financial crises of every variety rocked emerging markets in the second half of the 1990s. Nearly every region experienced currency crashes, banking crises were both numerous and severe, and a few countries, facing extreme duress, defaulted on their sovereign debt. Not surprisingly, then, there is considerable interest in policy and academic circles and within the investment community in gaining a better understanding of financial and economic distress.