Series: IMF Policy Discussion Papers
Author(s): Paolo Mauro , Tatiana Didier , and Sergio Schmukler
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 2006
Keywords: Economic integration, Financial crisis, Emerging markets, crises, international integration, international transmission of shocks, contagion, investors, mutual funds, emerging market
While a number of emerging market crises were characterized by widespread contagion during the 1990s, more recent crises (notably, in Argentina) have been mostly contained within national borders. This has led some...