From Crisis to IMF-Supported Program : Does democracy impede the speed required by financial markets? »
Series: IMF Working Papers
Author(s): Ashoka Mody , and Diego Saravia
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 2008
Has the spread of democracy and political participation impeded the need for speed required by financial markets and the elevated threat of contagion across borders? We examine the time span between the onset of a...