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The Causes of Asian Currency Crises

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  • Kirrane, Christopher

Abstract

This paper attempts to answer three questions: (1) does international finance in general and national and international monetary and financial institutions cause financial and economic instability for countries?; (2) Is it possible to prevent the benefits of increased access to international capital markets from being diminished and even reversed by international and national monetary and financial crises, and, as a corollary, (3) are current national currencies outdated?

Suggested Citation

  • Kirrane, Christopher, 2018. "The Causes of Asian Currency Crises," MPRA Paper 89103, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:89103
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    References listed on IDEAS

    as
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    JEL classification:

    • F31 - International Economics - - International Finance - - - Foreign Exchange

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