Exam 27: Financial Crises in Emerging Markets

What two key factors trigger speculative attacks leading to currency crises in emerging market countries?

Factors that led to worsening conditions in Mexico's 1994-1995 financial markets included ________.

Factors that led to worsening financial market conditions in East Asia in 1997-1998 included ________.

Financial crises in emerging-market economies generally develop along two basic paths: ________.

The economic hardship resulting from a financial crises is severe, however, there are also social consequences such as ________.

Factors that led to worsening conditions in Mexico's 1994-1995 financial markets, but did not lead to worsening financial market conditions in East Asia in 1997-1998 include ________.

In emerging market countries, the deterioration in bank's balance sheets has more ________ effects on lending and economic activity than in advanced countries.

An important factor leading up to the Mexican financial crisis of 1994-1995 was ________.

What is the relationship between fiscal imbalances in emerging-market economies and financial crises?

Factors that led to worsening conditions in Mexico's 1994-1995 financial markets include ________.

Factors that led to worsening financial market conditions in East Asia in 1997-1998 included ________.