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International Economics: Theory, Application, and Policy, Ch. 29;  Charles van Marrewijk, 2006 1 Figure 29.1 Paul Krugman (1953– )

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Presentation on theme: "International Economics: Theory, Application, and Policy, Ch. 29;  Charles van Marrewijk, 2006 1 Figure 29.1 Paul Krugman (1953– )"— Presentation transcript:

1 International Economics: Theory, Application, and Policy, Ch. 29;  Charles van Marrewijk, 2006 1 Figure 29.1 Paul Krugman (1953– )

2 International Economics: Theory, Application, and Policy, Ch. 29;  Charles van Marrewijk, 2006 2 Figure 29.2 Asian crisis: rapid drop in the value of some currencies

3 International Economics: Theory, Application, and Policy, Ch. 29;  Charles van Marrewijk, 2006 3 Figure 29.3 Asian crisis: current account balance

4 International Economics: Theory, Application, and Policy, Ch. 29;  Charles van Marrewijk, 2006 4 Figure 29.3 Asian crisis: current account balance

5 International Economics: Theory, Application, and Policy, Ch. 29;  Charles van Marrewijk, 2006 5 Figure 29.4 Crises frequency; percent probability per year

6 International Economics: Theory, Application, and Policy, Ch. 29;  Charles van Marrewijk, 2006 6 Figure 29.5 Pontines index of intervention for Thailand and Singapore

7 International Economics: Theory, Application, and Policy, Ch. 29;  Charles van Marrewijk, 2006 7 Figure 29.6 The unfolding of a financial crisis

8 International Economics: Theory, Application, and Policy, Ch. 29;  Charles van Marrewijk, 2006 8 Figure 29.7 Vicious circle of financial crises


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