From Halifax to Lyons : What Has Been Done About Crisis Management?
AbstractAt the Halifax Summit, in June 1995, the leaders of the G-7 countries proposed several steps to strenghen the international financial system and to apply the lessons taught by the Mexican crisis of 1994-95. Most of those steps have now been taken. They represent a cohesive response to the most challenging problem facing the international financial system - the risk that a country experiencing large capital inflows will have suddenly to cope with large outflows when market participants revise their views about the country's prospects.
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Bibliographic InfoPaper provided by International Economics Section, Departement of Economics Princeton University, in its series Princeton Studies in International Economics with number 200.
Length: 82 pages
Date of creation: 1996
Date of revision:
Contact details of provider:
Postal: International Finance Section, Department of Economics Princeton University, Princeton, New Jersey, U.S.A
Phone: (609) 258-4000
Fax: (609) 258-6419
Web page: http://www.econ.princeton.edu/
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Other versions of this item:
- Summers, L-H & Cline, W-R & Eichengreen, B & Portes, R & Fraga, A & Goldstein, M, 1996. "From Halifax to Lyons : What Has Been Done About Crisis Management?," Princeton Essays in International Economics 200, International Economics Section, Departement of Economics Princeton University,.
- F3 - International Economics - - International Finance
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- Giancarlo Corsetti & Paolo Pesenti & Nouriel Roubini, 1998. "What Caused the Asian Currency and Financial Crisis? Part II: The Policy Debate," NBER Working Papers 6834, National Bureau of Economic Research, Inc.
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