Financial Crises : Causes, Consequences, and Policy Responses
Books, February 19, 2014
Source details
- Canonical URL
- Financial Crises : Causes, Consequences, and Policy Responses
Other formats
Bibliographic details
- Authors: Stijn Claessens, Ayhan Kose, Luc Laeven, Fabian Valencia
- Published: February 19, 2014
- Series: Books
- Pages: 670
- Stock No: FCCCPREA
Overview
- Title: Financial Crises : Causes, Consequences, and Policy Responses
- Authors: Stijn Claessens, Ayhan Kose, Luc Laeven, Fabian Valencia
- Publication date: February 19, 2014
- Core purpose: Improve understanding of financial crises by surveying a wide range of crises, introducing a comprehensive database of crises, and extracting lessons for prevention and management.
Scope and Content
- Types of crises covered:
- banking crises
- balance of payments crises
- sovereign debt crises
- Structure highlights:
- begins with an overview of the various types of crises
- introduces a comprehensive database of crises
- discusses broad lessons on crisis prevention and management
- examines the short-term economic effects of crises, recessions, and recoveries
Key findings and themes
- Persistent relevance: The lingering effects of the economic crisis underscore the need to improve understanding of financial crises.
- Comprehensive survey: The book surveys a wide range of crisis types (banking, balance of payments, sovereign debt).
- Data emphasis: Introduction of a comprehensive database of crises to support analysis.
- Policy focus: Broad lessons on crisis prevention and crisis management are a central element.
- Short-term impacts: Analysis of short-term economic effects of crises, recessions, and recoveries.