Journal Article

Banking and currency crisis and systemic risk: lessons from recent events


Abstract: Banking and currency crises have done severe economic damage in many countries in recent years. This article examines the causes and characteristics of these crises and the public policies intended to prevent them or mitigate their adverse consequences.

Keywords: Financial crises; Bank failures; Money; Public policy;

Access Documents

Authors

Bibliographic Information

Provider: Federal Reserve Bank of Chicago

Part of Series: Economic Perspectives

Publication Date: 2000

Volume: 25

Issue: Q III

Pages: 9-28