The management of financial crises in emerging markets is a vital and high-stakes challenge in an increasingly global economy. For this reason, it's also a high

In this text an international banking expert grapples with issues that surround the trend toward financial globalization and its potential impact on financial f

Economists and policymakers are still trying to understand the lessons recent financial crises in Asia and other emerging market countries hold for the future o

Since the 2007 financial crisis, discussion on issues related to the size, spread and frequency of financial crises has captivated a wide variety of audiences.

This paper reviews the literature on financial crises focusing on three specific aspects. First, what are the main factors explaining financial crises? Since ma