Publication: Financial Crises, Credit Ratings, and Bank Failures : An Introduction

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Date
2002-05
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Published
2002-05
Author(s)
Reinhart, Carmen M.
Abstract
Financial crises of every variety rocked emerging markets in the second half of the 1990s. Nearly every region experienced currency crashes, banking crises were both numerous and severe, and a few countries, facing extreme duress, defaulted on their sovereign debt. Not surprisingly, then, there is considerable interest in policy and academic circles and within the investment community in gaining a better understanding of financial and economic distress.
Citation
Reinhart, Carmen M.. 2002. Financial Crises, Credit Ratings, and Bank Failures : An Introduction. World Bank Economic Review. © Washington, DC: World Bank. http://openknowledge.worldbank.org/handle/10986/17200 License: CC BY-NC-ND 3.0 IGO.
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