Publication
Jun 2002
This paper discusses the severity of growth disruption from major financial and/or currency crises in emerging market economies. In order to do so, the author takes the examples of Mexico, Argentina, Brazil, Thailand, Indonesia, South Korea, Turkey and Russia. The paper further on presents estimates of the crisis’ impact on the incidence of poverty in the respective economies and calls upon the international community to do everything it can to prevent the reoccurrence of financial crises.
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English (PDF, 20 pages, 107 KB) |
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Author | William Cline |
Series | CGD Working Papers |
Issue | 8 |
Publisher | Center for Global Development (CGD) |
Copyright | © 2002 Center for Global Development (CGD) |