10. Speculation. The emerging market crises of 1997-2002 were worsened because of rampant spec- ulation. Do speculators...
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10. Speculation. The emerging market crises of 1997-2002 were worsened because of rampant spec- ulation. Do speculators cause such crisis or do they simply respond to market signals of weakness? How can a government manage foreign exchange specula- tion?
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Fundamentals Of Multinational Finance
ISBN: 9780321541642
3rd Edition
Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman
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