Alternative approaches to financial crises in emerging markets
Abstract
This text analyzes the occurrence of crises in the financial markets of the so-called
emerging economies. In the second section, we analyze the factors that can lead to financial
crises in these markets, as well as suggest some macroeconomic measures or institutional
arrangements that could prevent or minimize them. The third section discusses the role of
international organizations, especially the IMF, in preventing and resolving these crises.
JEL Classification: F37; F65.
Keywords: Financial crisis models and forecasting capital flows