Abberger, Klaus; Bhattacharyay, Biswa Nath; Nam, Chang Woon - ifo Leibniz-Institut für Wirtschaftsforschung an der …
Emerging countries in many cases are more crisis-prone than highly developed industrialized countries. This is in many cases due to a weak or volatile financial sector. The best policy to strengthen crisis resistance is the building up of a sound financial position. A sound financial position of...
