Understanding the Korean and Thai currency crises
This article reviews and interprets the recent currency crises in Korea and Thailand. The authors argue that a prime causes of the crises were large, unfunded government guarantees to railing financial sectors.
Volume (Year): (2000)
Issue (Month): Q III ()
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References listed on IDEAS
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"Las crisis gemelas: las causas de los problemas bancarios y de balanza de pagos
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- Allan Drazen & Elhanan Helpman, 1987. "Stabilization with Exchange Rate Management," The Quarterly Journal of Economics, Oxford University Press, vol. 102(4), pages 835-855. Full references (including those not matched with items on IDEAS)