ABSTRACT This text analyzes the occurrence of crises in the financial markets of the so-called emerging economies. In the second section, we analyze the factors that can lead to financial crises in these markets, as well as suggest some macroeconomic measures or institutional arrangements that could prevent or minimize them. The third section discusses the role of international organizations, especially the IMF, in preventing and resolving these crises.RESUMO Este texto analisa a ocorrência de crises nos mercados financeiros das economias chamadas emergentes. Na segunda seção analisam-se os fatores que podem levar à ocorrência de crises financeiras nesses mercados, bem como sugerem-se algumas medidas macroeconômicas ou arranjos institucionais que poderiam evitá-las ou minimizá-las. Na terceira seção discute-se o papel de organismos internacionais, principalmente do FMI, com relação à prevenção e resolução dessas crises.
CITATION STYLE
SACHS, J. (1996). Alternative approaches to financial crises in emerging markets. Brazilian Journal of Political Economy, 16(2), 202–216. https://doi.org/10.1590/0101-31571996-0954
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