Fragile Banks, Government Bailouts and the Collapse of the Thai Baht
نویسنده
چکیده
The focus of this paper is two fold. Relevant aspects of the Thai crisis are evaluated. This provides the motivation for the incorporation of a fragile banking sector within a Krugman (1979)-type framework. This in turn allows for a consideration of the effects of banking sector vulnerabilities on the speed and timing of a currency collapse.
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