Growing up to financial stability
By: Michael D. Bordo.
Contributors: Bordo, Michael D.; National Bureau of Economic Research.
Series: NBER working paper series -- working paper 12993; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 12993.
Publisher: National Bureau of Economic Research
Published: 2007
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Description: "This lecture revisits the evidence on the incidence and severity of different varieties of financial crises within the context of globalization then ( pre-1914) and now ( 1980 to the present).  I then discuss the determinants of emerging market crises from the perspective of the recent balance sheet approach.  This approach puts at center stage the importance of financial development.  I then peel the onion back further and consider the "deep" institutional determinants of financial development and their relationship to financial stability.  I conclude by conjecturing about the ways countries learn from their financial crises to improve their institutions and grow up to financial stability"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 5/25/2007.

Includes bibliographical references.

Also available in print.

System requirements: Adobe Acrobat Reader.

Mode of access: World Wide Web.