Debt-Related Vulnerabilities and Financial Crises
Electronic Access:
Summary:
The analysis of currency and maturity mismatches in sectoral balance sheets has increasingly become a regular element in the IMF’s tool kit for surveillance in emerging market countries. This paper describes this so-called balance sheet approach and shows how it can be applied to detect vulnerabilities and shape policy advice. It also provides a broad-brushed overview of how balance sheet vulnerabilities have evolved over the past decade and cites a number of case studies.
Series:
Occasional Paper No. 2005/008
Subject:
Commercial banks Currencies External debt Financial institutions Financial statements Money Public debt Public financial management (PFM) Public sector
Frequency:
Annually
English
Publication Date:
October 24, 2005
ISBN/ISSN:
9781589064256/0251-6365
Stock No:
S240EA
Pages:
58
Please address any questions about this title to publications@imf.org