The lingering effects of the economic crisis are still visible—this shows a clear need to
improve our understanding of financial crises. This book surveys a wide range of crises …

The global financial crisis of 2007-09 has led to an intensive research program analyzing a
wide range of issues related to financial crises. This paper presents a summary of a …

Financial crises have been recurring events throughout history, with significant
repercussions on global economies. These crises, characterized by severe disruptions in …

Financial crises are recurring phenomena that can cause significant economic and societal
loss. This book is therefore vitally important as it analyzes why and how financial crises …

This paper examines the depth and duration of the slump that invariably follows severe
financial crises, which tend to be protracted affairs. We find that asset market collapses are …

This paper reviews the literature on financial crises focusing on three specific aspects. First,
what are the main factors explaining financial crises? Since many theories on the sources of …

This major reference collection presents in an accessible form the key articles and papers
on the theory and history of financial crises. It includes both classic and contemporary …

Both the frequency and severity of international financial crises seem to have been rising
over the last twenty years or so, in most cases associated with rising internal or external debt …

Warnings of the threat of an impending financial crisis are not new, but do we really know
what, constitutes an actual episode of crisis and how, once begun, it can be prevented from …

This chapter examines recent experiences with banking crises in seven countries—
Argentina, Chile, Malaysia, Philippines, Spain, Thailand, and Uruguay—focusing on the …