Emerging Markets and Financial Globalization: Sovereign Bond Spreads in 1870-1913 and Today

by Paolo Mauro (Author), Nathan Sussman (Author), Yishay Yafeh (Author)

• New

  Hardcover
  2006

  $143.55

  The frequency and virulence of recent financial crises have led to calls for reform of the current international financial architecture. To learn more about today's international financial environment, the authors turn to an earlier era of financial globalization between 1870 and 1913 to help us understand the characteristics of global crises.