How Long to Read Adjustments After Speculative Attacks in Latin America and Asia

How Long Does it Take to Read Adjustments After Speculative Attacks in Latin America and Asia?

It takes the average reader and 54 minutes to read Adjustments After Speculative Attacks in Latin America and Asia by Guillermo Perry

Assuming a reading speed of 250 words per minute. Learn more

Description

"Many articles have been written about the causes of financial crises in emerging markets... ...Much less attention has been devoted to the effectiveness of alternative policy responses and the ensuing process of recovery of the real economy..." This paper analyzes the adjustment process in the aftermath of speculative attacks in six countries: Argentina, Brazil, Mexico, Indonesia, Korea, and Thailand. As implied by the title, the main question to be addressed is whether the tales of adjustment in these Latin American and Asian economies were similar. This comparison is interesting for several reasons. The six countries came under the aegis of adjustment programs supported by international financial institutions, and the associated policy prescriptions have been at the center of attention. Of the six cases, one is an example of a "successful" defense of the currency, while another exemplifies a temporarily successful defense followed by an incomplete adjustment program. The others experienced dramatic currency devaluations. This small sample of episodes of adjustment also offers variety in the magnitude of the ensuing economic decline. While the Mexican and Argentine crises of 1995, and even the Brazilian adjustment after the October 1997 attack against its currency, were certainly costly, the Asian crises have been deeper and the recovery of the real economy has been slower. The paper draws policy implications for reducing the costs of the macroeconomic adjustment after currency crises.

How long is Adjustments After Speculative Attacks in Latin America and Asia?

Adjustments After Speculative Attacks in Latin America and Asia by Guillermo Perry is 54 pages long, and a total of 13,716 words.

This makes it 18% the length of the average book. It also has 17% more words than the average book.

How Long Does it Take to Read Adjustments After Speculative Attacks in Latin America and Asia Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 14 minutes to read Adjustments After Speculative Attacks in Latin America and Asia aloud.

What Reading Level is Adjustments After Speculative Attacks in Latin America and Asia?

Adjustments After Speculative Attacks in Latin America and Asia is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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