Currency Crises: Difference between revisions

Revision as of 21:02, 11 November 2006

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PAGE IN PROGRESS.

What is a currency crisis?

"currency crises" are usually attacks on the domestic currency that end with a large fall in its value.
As opposed to: "banking crises" refer to bank runs or other events that lead to closure, merger, takeover, or large-scale assistance by the government to financial institutions.
One or both can happen at once.

What are the effects? (Ex: Thailand's Currency Crisis and Argentina's Currency Crisis)
How is a currency crisis dealt with? (Ex: Thailand's Monetary Policy and Argentina's Monetary Policy)
What are the global effects? (i.e. ripple effect, cause-and-effect chains)

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Lindsey, Rachel, Marie, Jason, Sayo

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 <center><font size="+2">PAGE IN PROGRESS.</font></center>
+What is a currency crisis?
+* "currency crises" are usually attacks on the domestic currency that end with a large fall in its value.
+* As opposed to: "banking crises" refer to bank runs or other events that lead to closure, merger, takeover, or large-scale assistance by the government to financial institutions.
+* One or both can happen at once.
-- What is a currency crisis?<br>
-- What are the effects? (Ex: [[Thailand's Currency Crisis]] and [[Argentina's Currency Crisis]])<br>
+* What are the effects? (Ex: [[Thailand's Currency Crisis]] and [[Argentina's Currency Crisis]])
-- How is a currency crisis dealt with? (Ex: [[Thailand's Monetary Policy]] and [[Argentina's Monetary Policy]])<br>
+* How is a currency crisis dealt with? (Ex: [[Thailand's Monetary Policy]] and [[Argentina's Monetary Policy]])
-- What are the global effects? (i.e. ripple effect, cause-and-effect chains)<br>
+* What are the global effects? (i.e. ripple effect, cause-and-effect chains)