02139cas a2200337 a 4500 AALejournalIMF022815 230101c9999 xx r poo 0 0eng d 15.00 USD 9781557758286 0251-6365 BD-DhAAL BD-DhAAL Pattillo, Catherine. Anticipating Balance of Payments Crises--The Role of Early Warning Systems / Catherine Pattillo, Andrew Berg, Gian Milesi-Ferretti, Eduardo Borensztein. Washington, D.C. : International Monetary Fund, 2000. 1 online resource (39 pages) Occasional Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Recent years have witnessed an increase in the frequency of currency and balance of payments crises in developing countries. More important, the crises have become more virulent, have caused widespread disruption to other developing countries, and have even had repercussions on advanced economies. To predict crises, their causes must be clearly understood. Two competing strands of theories are reviewed in this paper. The first focuses on the consequences of such policies as excessive credit growth in provoking depletion of foreign exchange reserves and making a devaluation enevitable. The second emphasizes the trade-offs between internal and external balance that the policymaker faces in defending a peg. Mode of access: Internet Capital and Ownership Structure imf Financial Risk and Risk Management imf Financing Policy imf Goodwill imf Value of Firms imf Berg, Andrew. Borensztein, Eduardo.. Milesi-Ferretti, Gian. Occasional Papers; Occasional Paper ; No. 2000/004 Full text available on IMF https://elibrary.imf.org/openurl?genre=book&isbn=9781557758286 IMF e-Library