Ozkan, F. Gulcin; Unsal, D. Filiz - International Monetary Fund (IMF) - 2012
The recent global financial crisis was the first in recent history that was triggered by problems in the financial … system of the mature economies. Existing work on financial crisis in emerging market countries, however, almost exclusively … investigate the transmission of a global financial crisis that originates from financial frictions in the rest of the world. We …