Credits, Crises, and Capital Controls: A Microeconomic Analysis.

We analyse the behaviour of foreign banks who sequentially provide credit to finance projects in an emerging market. The foreign banks are exposed to both micro-economic risks and the macro-economic risk of a currency crisis, and there are no bailout guarantees.

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Year of publication:	2000
Authors:	Neeman, Z. ; Orosel, G.O.
Institutions:	Institute for Economic Development, Department of Economics
Subject:	CREDIT \| FOREIGN BANKS \| CURRENCIES \| RISK

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Series:	Boston University - Institute for Economic Development.
Type of publication:	Book / Working Paper
Notes:	33 pages
Classification:	D82 - Asymmetric and Private Information ; D83 - Search, Learning, Information and Knowledge ; F32 - Current Account Adjustment; Short-Term Capital Movements ; F34 - International Lending and Debt Problems ; O16 - Financial Markets; Saving and Capital Investment
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005245475