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Direct linkRajan, Ramkishen S. – Journal of Economic Education, 2007
Financial crises seem to have become the norm rather than the exception since 1992. The author examines the impact of a crisis of confidence and resultant capital outflows from a small and open economy and the possible policy options in response to such outflows, using simple tools and definitions that will be familiar to any money and banking or…
Descriptors: Foreign Countries, Financial Problems, Monetary Systems, Banking
