000 01993cam  2200337za 4500
0019.864037
003CaOODSP
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008181101s2018    oncd    ob   f000 0 eng d
040 |aCaOODSP|beng
041 |aeng|bfre
043 |an-cn---
0861 |aFB3-6/2018-13E-PDF
1001 |aDahlhaus, Tatjana.
24510|aAssessing vulnerabilities in emerging-market economies |h[electronic resource] / |cby Tatjana Dahlhaus and Alexander Lam.
260 |a[Ottawa] : |bBank of Canada, |c2018.
300 |aii, 26 p. : |bcol. charts.
4901 |aBank of Canada staff discussion paper, |x1914-0568 ; |v2018-13
500 |a"October 2018."
504 |aIncludes bibliographical references (p. 23).
5203 |a"This paper introduces a new tool to monitor economic and financial vulnerabilities in emerging-market economies. We obtain vulnerability indexes for several early warning indicators covering 26 emerging markets from 1990 to 2017 and use them to monitor the evolution of vulnerabilities before, during and after an economic or financial crisis. We find that different historical episodes of crises reflect different vulnerabilities in terms of their composition, buildup and responses. Nevertheless, most currency crises are generally preceded by a buildup of imbalances in the external sector followed by an increase in sovereign debt imbalances. Finally, we assess current EME vulnerabilities in our country sample and visualize them using a heat map"--Abstract, p. ii.
546 |aIncludes abstract in French.
69207|2gccst|aMarkets
69207|2gccst|aEconomic analysis
69207|2gccst|aFinancial crisis
693 4|aVulnerabilities
7001 |aLam, Alexander.
7102 |aBank of Canada.
830#0|aStaff discussion paper (Bank of Canada)|x1914-0568 ; |v2018-13.|w(CaOODSP)9.806273
85640|qPDF|s745 KB|uhttps://publications.gc.ca/collections/collection_2018/banque-bank-canada/FB3-6-2018-13-eng.pdf