Currency Crises and Decision-Making Frameworks: The Role of Political Institutions in Argentina and Brazil (notice n° 227573)
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control field | 20250112061603.0 |
041 ## - LANGUAGE CODE | |
Language code of text/sound track or separate title | fre |
042 ## - AUTHENTICATION CODE | |
Authentication code | dc |
100 10 - MAIN ENTRY--PERSONAL NAME | |
Personal name | Faucher, Philippe |
Relator term | author |
245 00 - TITLE STATEMENT | |
Title | Currency Crises and Decision-Making Frameworks: The Role of Political Institutions in Argentina and Brazil |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Date of publication, distribution, etc. | 2004.<br/> |
500 ## - GENERAL NOTE | |
General note | 65 |
520 ## - SUMMARY, ETC. | |
Summary, etc. | This paper seeks to explain why exchange rate crises of rather similar causes and magnitudes can be so much harder for one emerging market country to absorb and bounce back from than for its neighbour. Brazil was able to recover readily from its recent forced devaluation and associated domestic financial/political crisis, which looked quite bad in January 1999, but was virtually over by April of that year. Argentina's superficially similar crisis, which pushed the country off its strict Currency Board and let the peso float in December 2001, has been extraordinarily prolonged and debilitating. We conclude that most of the difference resulted from the structure of domestic political institutions and the incentives for cooperation and conflict that they created for political incumbents and other players. |
700 10 - ADDED ENTRY--PERSONAL NAME | |
Personal name | Armijo, Leslie Elliott |
Relator term | author |
786 0# - DATA SOURCE ENTRY | |
Note | Revue Tiers Monde | o 178 | 2 | 2004-10-01 | p. 387-417 | 1293-8882 |
856 41 - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-revue-tiers-monde-2004-2-page-387?lang=en">https://shs.cairn.info/journal-revue-tiers-monde-2004-2-page-387?lang=en</a> |
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