Contagion of International Financial Crises: The Case of Mexico
Mexico was the epicenter of the 1994–1995 Tequila crisis in which many new features of emerging markets’ crises made their appearance. In particular, the issue of whether contagion was present caught the attention of several authors (For example, Valdés (1997), Sachs, Tornell and Velasco (1996) and Calvo and Reinhart (1996)). Since then, the Asian, Russian and Brazilian crises have motivated numerous papers that suggest that writing about contagion might also be contagious.
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- Valdés, R (1997) Emerging Markets Contagion Evidence and Theory. Documentos de Trabajo del Banco Central, Central Bank of Chile
- Contagion of International Financial Crises: The Case of Mexico
- Book Title
- International Financial Contagion
- Book Part
- Part III
- pp 301-328
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- Springer US
- Copyright Holder
- Springer-Verlag US
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