Early Warning Systems for Financial Crisis: Applications to East Asia Год выпуска: 2005Издательство: Страниц: 192ISBN: 1403949387Описание Since the 1997 Asian financial crisis, East Asia has implemented a number of initiatives designed to strengthen monetary and financial cooperation. One such initiative is the ASEAN+3 Information Exchange and Policy Dialogue, which includes development of early warning systems (EWS) for financial crises. This book analyzes the current understanding of the causes of currency and banking crises, describes recent progress in developing and applying EWS models, reviews methodolgical issues, assesses the predictive power of EWS models and also highlights areas where further research is required to make these models more effective tools for policy analysis.
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