Debt-Related Vulnerabilities and Financial Crises
Business & Finance, Economics, Public Finance, Finance & Investing, Banks & Banking, Macroeconomics
| Author: | Brad Mr. Setser, Ioannis Mr. Halikias, Alexander Mr. Pitt, Christoph Mr. Rosenberg, Brett Mr. House, Jens Mr. Nystedt, Christian Mr. Keller | ISBN: | 9781452744278 |
| Publisher: | INTERNATIONAL MONETARY FUND | Publication: | October 24, 2005 |
| Imprint: | INTERNATIONAL MONETARY FUND | Language: | English |
| Author: | Brad Mr. Setser, Ioannis Mr. Halikias, Alexander Mr. Pitt, Christoph Mr. Rosenberg, Brett Mr. House, Jens Mr. Nystedt, Christian Mr. Keller |
| ISBN: | 9781452744278 |
| Publisher: | INTERNATIONAL MONETARY FUND |
| Publication: | October 24, 2005 |
| Imprint: | INTERNATIONAL MONETARY FUND |
| Language: | English |
The analysis of currency and maturity mismatches in sectoral balance sheets has increasingly become a regular element in the IMF’s tool kit for surveillance in emerging market countries. This paper describes this so-called balance sheet approach and shows how it can be applied to detect vulnerabilities and shape policy advice. It also provides a broad-brushed overview of how balance sheet vulnerabilities have evolved over the past decade and cites a number of case studies.
The analysis of currency and maturity mismatches in sectoral balance sheets has increasingly become a regular element in the IMF’s tool kit for surveillance in emerging market countries. This paper describes this so-called balance sheet approach and shows how it can be applied to detect vulnerabilities and shape policy advice. It also provides a broad-brushed overview of how balance sheet vulnerabilities have evolved over the past decade and cites a number of case studies.
