Non-Traditional Aspects of the Mexican Financial Crisis of 1994/95
Orozco de Plesnar, Roxana
Produktnummer:
18aa2365d489c346dd9684c772ff79bf14
| Autor: | Orozco de Plesnar, Roxana |
|---|---|
| Themengebiete: | 1994 Aspects Boom- Bust Cycles Capital Credit booms Crisis Derivatives Destabilizing Capital Flows Developing countries Domestic |
| Veröffentlichungsdatum: | 06.01.2012 |
| EAN: | 9783631619421 |
| Auflage: | 1 |
| Sprache: | Englisch |
| Seitenzahl: | 235 |
| Produktart: | Kartoniert / Broschiert |
| Verlag: | Peter Lang GmbH, Internationaler Verlag der Wissenschaften |
| Untertitel: | Structural Weaknesses in the Real Sector and the Role of Domestic Investors, OTC Derivatives & Synthetic Capital Flows |
Produktinformationen "Non-Traditional Aspects of the Mexican Financial Crisis of 1994/95"
The Mexican Crisis of 1994/5 was the first financial crisis that spilled over into the real sector. This thesis explores three unconventional research strands. The first is the assessment of the Mexican trade structure to evaluate possible impulses from the real to the monetary sector, which can be discarded. However, a structural weakness, an export structure based largely on pre-imported inputs (and oil) contributes significantly to current account deficits. The second is the triggering role of domestic investors, and not foreign capitals, in the financial stampede that elicited the crisis. The last strand highlights the role of OTC financial derivatives and the thereof resulting «synthetic capital flows», which reached in Mexico 4.9% of GDP in 1994. These transactions were crucial to underpin currency appreciation, to the development of a credit boom and external imbalances and finally determined the emergence of the crisis.
Sie möchten lieber vor Ort einkaufen?
Sie haben Fragen zu diesem oder anderen Produkten oder möchten einfach gerne analog im Laden stöbern? Wir sind gerne für Sie da und beraten Sie auch telefonisch.
Juristische Fachbuchhandlung
Georg Blendl
Parcellistraße 5 (Maxburg)
8033 München
Montag - Freitag: 8:15 -18 Uhr
Samstags geschlossen