TY  - BOOK
AU  - Bird, Graham
TI  - Banks financial liberalisation and financial crises in emerging markets
PY  - 2001///
N2  - Provides a framework to explore the role of banks, bank inefficiencies and financial liberalisation in explaining the sustained interest rate premium offered in a number of emerging economies in East Asia despite evidence of fairly credible ex ante pegged exchange rates.  Sees, within this framework, international financial liberalisation as fuelling a boom in domestic credit, which leads to acute balance sheet problems for domestic banks, and exposes the country concerned to currency crisis in the event of a sudden reversal of capital inflows, which banking weakness may itself trigger
ER  -