Cover Debt-Related Vulnerabilities and Financial Crises
Debt-Related Vulnerabilities and Financial Crises
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Abstract

The analysis of currency and maturity mismatches in sectoral balance sheets has increasingly become a regular element in the IMF’s tool kit for surveillance in emerging market countries. This paper describes this so-called balance sheet approach and shows how it can be applied to detect vulnerabilities and shape policy advice. It also provides a broad-brushed overview of how balance sheet vulnerabilities have evolved over the past decade and cites a number of case studies.

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Author:
Mr. Brad Setser https://isni.org/isni/0000000404811396 International Monetary Fund

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Mr. Ioannis Halikias
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Mr. Alexander Pitt
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Mr. Christoph B. Rosenberg
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Mr. Brett E. House
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Mr. Jens Nystedt https://isni.org/isni/0000000404811396 International Monetary Fund

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Mr. Christian Keller
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Series:
Occasional Papers
Publisher:
International Monetary Fund
Language:
English
Publication Date:
24 Oct 2005
DOI:
https://doi.org/10.5089/9781589064256.084
ISBN:
9781589064256
ISSN:
0251-6365
Pages:
58
Keywords:
OP; debt; foreign currency; balance sheet indicator; sectoral balance sheet mismatch; dollar; balance sheet data; balance sheet mismatch; sectoral balance sheet relationship; balance sheet crisis; Financial statements; Commercial banks; Currencies; Middle East; Africa; Central and Eastern Europe; East Asia; Asia and Pacific
Legal-disclaimer:
The views expressed in this book are those of the authors and should not be reported as or attributed to the International Monetary Fund, its Executive Board, or the governments of any of its member countries.
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