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Fiscal vulnerability and financial crises in emerging market economies / Richard Hemming, Michael Kell, and Axel Schimmelpfennig.

By: Contributor(s): Material type: TextTextSeries: Occasional paper (International Monetary Fund) ; 218Publication details: Washington DC : International Monetary Fund, 2003.Description: vii, 124 p. : ill. ; 28 cmISBN:
  • 1589061969
Subject(s): DDC classification:
  • 332.042'091724 22
LOC classification:
  • HJ1620 .H46 2003
Online resources: Summary: This occasional paper focuses on the fiscal aspects of financial crises in emerging market economies and as such fills a gap in the crisis literature. The discussion in the paper is based on statistical analysis of a large dataset of fiscal variables and case studies of eleven emerging market crises during the 1990s. The paper concludes that there are several important fiscal causes of crises related to the size of deficits and their financing, the, level and composition of public debt and structural fiscal factors.
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Holdings
Item type Current library Collection Call number Copy number Status Date due Barcode
Monograph & others Monograph & others CBN HQ Library 332.042'091724 HEM (Browse shelf(Opens below)) Available 31008100013321
Monograph & others Monograph & others CBN HQ Library 332.042'091724 HEM (Browse shelf(Opens below)) Available 31008100013339
Monograph & others Monograph & others CBN IBADAN BRANCH LIBRARY General Stacks 332.042'091724 HEM (Browse shelf(Opens below)) C.1 Available 31008100739206
Monograph & others Monograph & others CBN LAGOS LEARNING CENTRE LIBRARY General Stacks Non-fiction 332.042'091724 HEM (Browse shelf(Opens below)) C.1 Available 31008100712054
Monograph & others Monograph & others CBN ENUGU BRANCH LIBRARY General Stacks Non-fiction 332.042'091724 HEM (Browse shelf(Opens below)) c. 1 Available 31008100626007
Monograph & others Monograph & others CBN KANO BRANCH LIBRARY General Stacks Non-fiction 332.042'091724 HEM (Browse shelf(Opens below)) c.1 Available 31008100665229

Includes bibliographical references (p. 119-122).

This occasional paper focuses on the fiscal aspects of financial crises in emerging market economies and as such fills a gap in the crisis literature. The discussion in the paper is based on statistical analysis of a large dataset of fiscal variables and case studies of eleven emerging market crises during the 1990s. The paper concludes that there are several important fiscal causes of crises related to the size of deficits and their financing, the, level and composition of public debt and structural fiscal factors.

nmn 30/05/13

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