This paper empirically analyzes a broad range of real exchange rate appreciation episodes. The cases are identified after compiling a large sample of monthly mu

There is no universally accepted definition of a currency crisis, but most would agree that they all involve one key element: investors fleeing a currency en ma

Foreword A famous Portuguese Poet once said around one hundred years ago; “before I was born all the words that should save the Humanity had already been writ

"Written by a distinguished group of economists and political scientists from around the hemisphere, the essays in this book include analytical perspectives, a