Economic and financial crises in emerging market economies

In the late 1990s, economic and financial crises raged through East Asia, devastating economies that had previously been considered among the strongest in the developing world.

The crises eventually spread to Russia, Turkey, and Latin America, and impacted on the economies of many industrialized nations as well.

In today's increasingly interdependent world, finding ways to reduce the risk of future crises - and to improve the management of crises when they occur - has become an international policy challenge of paramount importance.

This book rises to that challenge, presenting accessible papers and commentaries on the topic.