Karolyi, G. Andrew (contributor); … - 2003 - [Elektronische Ressource]
devaluation and received a sizeable relief package from the IMF. In August 1998, Russia
simultaneously defaulted on its treasury …. Europe, Asia, Russia and
Latin America experienced currency crises, stock market crashes, deflation, recession,
sovereign … country is integrated in global financial markets, then
financial markets are the mechanisms which make asset prices in those …