This new collection revolves around Krugman's work on international monetary economics from the late 1970s to the present in an effort to make sense of a turbul
Economists and policymakers are still trying to understand the lessons recent financial crises in Asia and other emerging market countries hold for the future o
There is no universally accepted definition of a currency crisis, but most would agree that they all involve one key element: investors fleeing a currency en ma
The management of financial crises in emerging markets is a vital and high-stakes challenge in an increasingly global economy. For this reason, it's also a high
In 1971, President Nixon imposed national price controls and took the United States off the gold standard, an extreme measure intended to end an ongoing currenc