Other people's money:debt denomination and financial instability in emerging market economies

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Bibliographic Details
Group Author: Eichengreen Barry J.; Hausmann Ricardo.
Published: University of Chicago Press,
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.