How to create a financial crisis by trying to avoid one: the Brazilian 1999-financial collapse as "Macho-Monetarism" can't handle "Bubble Thy Neighbour" levels of inflows
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More about this item
Keywords‘Endogenous’ financial crisis; ‘Second generation’ models; Neo-liberal economic reforms; Ideology; Financial liberalisation; Capital controls; Systemic market failures; Latin America; East Asia; Keynes; Minsky and Kindleberger;
- D7 - Microeconomics - - Analysis of Collective Decision-Making
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
- F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
- F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance
- G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
- G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
- G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation
- H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management
- L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
- N2 - Economic History - - Financial Markets and Institutions
- O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
- O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2013-02-08 (All new papers)
- NEP-HME-2013-02-08 (Heterodox Microeconomics)
- NEP-LAM-2013-02-08 (Central & South America)
- NEP-PKE-2013-02-08 (Post Keynesian Economics)
- NEP-SEA-2013-02-08 (South East Asia)
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