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The Antecedents and Aftermath of Financial Crises as told by Carlos F. Díaz Alejandro / Carmen M. Reinhart.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Reinhart, Carmen M.
Contributor:
National Bureau of Economic Research.
Series:
Working Paper Series (National Bureau of Economic Research) no. w21350.
NBER working paper series no. w21350
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2015.
Summary:
Some of the best-known papers of Carlos F. Díaz Alejandro were about Latin America's crises in the 1980s and 1930s. I will show data, figures and evidence here about the crises in the advanced economies 30 years later that fit the same narrative. His unadulterated words aptly describe modern problems across geographical borders and, in this case, income levels. This attests to his timeless insight and understanding. Because some of the observations he made have general applicability to the study of recurring patterns across crises, I have taken the liberty to label these as lessons.
Notes:
Print version record
July 2015.

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