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Banking and currency crises and systemic risk: Lessons from recent events
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Vol. 24, No. 3
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Last Updated: 08/11/2000

Banking and currency crises and systemic risk: Lessons from recent events

George G. Kaufman

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.

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