This new collection revolves around Krugman's work on international monetary economics from the late 1970s to the present in an effort to make sense of a turbul

There is no universally accepted definition of a currency crisis, but most would agree that they all involve one key element: investors fleeing a currency en ma

The management of financial crises in emerging markets is a vital and high-stakes challenge in an increasingly global economy. For this reason, it's also a high

In 1971, President Nixon imposed national price controls and took the United States off the gold standard, an extreme measure intended to end an ongoing currenc

Economists and policymakers are still trying to understand the lessons recent financial crises in Asia and other emerging market countries hold for the future o