Currency Crashes in developing countries are all the result of similar policy mistakes? or are they instead the result of a myriad unfortunate shocks? a low ratio of FDI to debt is consistently associated with a high likelihood of a crash. Some may have been caused by idiosyncratic shocks which are better viewed as bad luck than anything else.
Currency Crashes in developing countries are all the result of similar policy mistakes? or are they instead the result of a myriad unfortunate shocks? a low ratio of FDI to debt is consistently associated with a high likelihood of a crash. Some may have been caused by idiosyncratic shocks which are better viewed as bad luck than anything else.
Currency Crashes in developing countries are all the result of similar policy mistakes? or are they instead the result of a myriad unfortunate shocks? a low ratio of FDI to debt is consistently associated with a high likelihood of a crash. Some may have been caused by idiosyncratic shocks which are better viewed as bad luck than anything else.