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CHISINAU, 11 December 2008, 9:00 to 14:00
The Impact of Migration on the Rural Sector of the Republic of Moldova – Social and Economic Aspects
KIEV, 11 December 2008, 9:30 to 13:00
Scenarios of Social Privileges and Benefits Monetization




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Polish Economic Outlook 3/2008: Special Feature - Resilience of the Polish Economy

Network E-brief 9/2008: Free Trade Agreement Between The European Union and Armenia: How Feasible Is It?

Network E-brief 8/2008: Free Trade Agreement Between The European Union and Georgia: How Feasible Is It?

Network Report No.82: Institutional Convergence of CIS Towards European Benchmarks

Study and Analysis No.372: Stages of the Ongoing Global Financial Crisis: Is There a Wandering Asset-Price Bubble?


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Last update
2008-12-01


Analysis of the Causes and Progess of Currency Crises in Asian, Latin American and CEE Countries: Conclusions for Poland and other Transition Countries

[ October 1999 - September 2001 ]

The project, funded by the State Committee for Scientific Research, ran from October 1999 to September 2001 under the leadership of Marek D±browski. Małgorzata Antczak, Rafał Antczak, Monika Błaszkiewicz, Małgorzata Jakubiak, Łukasz Rawdanowicz, Wojciech Paczyński, Marcin Sasin, Joanna Siwińska, Magdalena Tomczyńska, Katarzyna Piętka, Małgorzata Markiewicz, Artur Radziwiłł, Georgy Ganev, Mateusz Szczurek, Mateusz Walewski took part in the research.

The comparative analysis of currency crises in selected countries in Asia, Latin America and Eastern Europe concentrated on the following issues:

  • Micro and macroeconomic causes of the mechanism of the emergence and growth of crisis situations,
  • The crisis dynamic and its economic and social consequences,
  • The effectiveness of remedial measures in the pre-crisis phase,

The research group compiled a database comprising the main indicators of currency crises for twelve countries in the three regions in the study. Analysis of the theoretical models and results of the empirical comparative studies was carried out. Moreover, eleven monographs of currency crises of the following countries: Argentina, Bulgaria, Indonesia, Korea, Malaysia, Mexico, Moldova, Russia, Thailand, Turkey and Ukraina were prepared.

The research findings were presented at internal seminars and public conferences. Publications that emerged from the project appeared in the working paper series Study and Analysis (No. 208, 209, 211, 218, 219) and in the series CASE Reports (No. 39, 40, 41, 51). In March 2003 the book entitled Currency Crises in Emerging Markets has appeared. Marek D±browski was the editor and Kluwer was the publisher of the publication.



Publications:
The Episodes of Currency Crisis in Latin American and Asian Economies
Early Indicators of Currency Crises. Review of some literature
What Factors led to the Asian Financial Crisis: Were or were not Asian Economics Sound?
Theoretical Aspects of Currency Crises
Indicators of Currency Crisis: Empirical Analysis of some Emerging and Transition Economies
Currency Crises and Fiscal Imbalances. The Transition Countries Perspective
The Episodes of Currency Crises in the European Transition Economies
Currency Crises in Emerging Markets - Selected Comparative Studies
Currency Crises in Emerging - Market Economis: Causes, Consequences and Policy Lessons

[ Completed Project ]





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