Spain - DNA of a financial crisis
Back in July 2000 following the Asian crises, the IMF produced a report entitled "Currency and Banking Crises: The Early Warnings of Distress". The study looked at 102 financial episodes in 20 countries.
The IMF went back to the drawing board again in the November 2008 treatise “Systemic Banking Crises: A new database”. In this paper, the IMF examined all systemically important banking collapses for the...
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