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Financial Crises in Emerging Markets: The Lessons from 1995

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NBER1996-05-01 更新2025-01-04 收录
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In this paper we examine closely the financial events following the Mexican peso devaluation to uncover new lessons about the nature of financial crises. We explore the question of why, during 1995, some emerging markets were hit by financial crises while others were not. To this end, we ask whether

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1996-05-01
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