International Financial Contagion . Contagion in Financial Markets
本书探讨金融危机为何会快速跨国传播，以及如何限制其危害，适合想了解金融传染机制和应对策略的读者。
Emerging market economy financial crises in recent years have often quickly spread to other countries. Several aspects of these 'contagious crises' are particularly intriguing. Why do some crises spread quickly and widely, while others are constrained to a narrow group of countries? How is financial distress transmitted across countries? Are these spillover channels changing through time? Do crises spread purely to countries with existing vulnerabilitites or do crises open up new fault lines? And can (or should) individual countries or the international community do anything to limit the potential for shocks to have harmful effects elsewhere? These two books examine these key questions and aim to provide a better understanding of how crises can be propagated. International Financial Contagion is a collection of papers presented at a conference on 'International financial contagion: how it spreads and how it can be stopped' that took place at the International Monetary Fund in February 2000. It brings together representatives from International Institutions and private sectors, and leading academics to examine these questions.