Other people's money:debt denomination and financial instability in emerging market economies
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Group Author: | ; |
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Published: |
University of Chicago Press,
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Publisher Address: | Chicago |
Publication Dates: | 2005. |
Literature type: | Book |
Language: | English |
Subjects: | |
Carrier Form: | vii, 296 p.: ill. ; 24 cm. |
ISBN: |
0226194558 (cloth : alk. paper) 9780226194554 (cloth : alk. paper) |
Index Number: | F831 |
CLC: | F831.6 |
Call Number: | F831.6/O878 |
Contents: |
Includes bibliographical references and index. The pain of original sin -- Must original sin cause macroeconomic damnation? -- A fiscal perspective on currency crises and "original sin" -- Original sin, balance-sheet crises, and the roles of international lending -- How original sin was overcome : the evolution of external debt denominated in domestic currencies in the United States and the British dominions, 1800-2000 -- Old sins : exchange clauses and European foreign lending in the nineteenth century -- Why do emerging economies borrow in foreign currency? -- Why do countries borrow the way they borrow? -- The mystery of original sin -- Original sin : the road to redemption. |