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| Author: | Akcay, C. Zenginobuz, Ü. |
| Title: | Vulnerability to purely contagious balance-of-payment crises in emerging economies: an application to the cases of Russia, Turkey, and Brazil |
| Journal: | Russian and East European Finance and Trade
2001 : SEP-OCT, VOL. 37:5, p.5-21 |
| Index terms: | BALANCE OF PAYMENTS ECONOMIC CRISIS EMERGING MARKETS INTERNATIONAL BUSINESS BRAZIL RUSSIA TURKEY |
| Language: | eng |
| Abstract: | In this paper the authors adopt a model introduced in Masson (1999) to look at the possible role of interdependence of expectations formed by international investors regarding the performance of emerging markets. They consider the cases of Russia, Turkey and Brazil, and assess whether the fundamentals of these countries allowed for the possibility of such "pure" contagion effects from each other. |
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