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Currency Crises and Government Finances

Fiscal policy plays a big role in currency crises - before, and after they occur. Thus policymakers should not underestimate the importance of fiscal policy: a) the realization of large contingent liabilities can quickly, and dramatically alter gov...

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Bibliographic Details
Main Author: Burnside, Craig
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
BANKING SYSTEMS
BUDGET CONSTRAINT
CENTRAL BANK
CONTINGENT LIABILITIES
CURRENCY
DEBT = INTEREST
DEVELOPMENT ECONOMICS
DOMESTIC PRICE
ECONOMIC OUTCOMES
ECONOMISTS
FISCAL
FISCAL BALANCE
FISCAL COST
FISCAL COSTS
FISCAL POLICIES
FISCAL POLICY
FISCAL REFORM
FISCAL REFORMS
FISCAL SUSTAINABILITY
FIXED EXCHANGE RATE
GDP
GOVERNMENT ACTION
GOVERNMENT BUDGET
GOVERNMENT DEBT
GOVERNMENT POLICIES
GOVERNMENT REVENUE
GROWTH RATE
INFLATION
INFLATION RATE
INTEREST RATE
INTERNATIONAL MONETARY FUND
LOCAL CURRENCY
MONETARY POLICIES
MONETARY POLICY
MONEY DEMAND
PRESENT VALUE
PRESIDENCY
PUBLIC SECTOR
REAL GROWTH
REAL INTEREST RATE
RESERVES
SEIGNIORAGE
WAGES CURRENCY REALIGNMENTS
FINANCIAL CRISES
CONTINGENT LIABILITY
GOVERNMENT FINANCIAL INSTITUTIONS
REVENUE MEASURES
PUBLIC SPENDING
DEBT CRISIS
INFLATIONARY PRESSURES
CURRENCY DEVALUATION
BANKING DISTRESS
EMERGING ECONOMIES
Online Access:http://documents.worldbank.org/curated/en/2002/05/2011711/currency-crises-government-finances
http://hdl.handle.net/10986/11348

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