Crises in the Global Economy from Tulips to Today: Contagion and Consequences

This paper examines the historical record of the financial crises that have often accompanied surges of globalization in the past. The issue of contagion, the spread of financial turbulence from the crisis center to its trading partners, is confronted with historical and statistical evidence on the本文考察了历史上常伴随全球化浪潮出现的金融危机的历史记录。危机传染（contagion）问题——即金融动荡从危机中心向其贸易伙伴扩散的现象——通过历史与统计证据加以探讨