Debt-Related Vulnerabilities and Financial Crises

By Brad Setser, Ioannis Halikias, Alexander Pitt, Christoph B. Rosenberg, Brett E. House, Jens Nystedt, Christian Keller

October 24, 2005

Preview Citation

Format: Chicago

Brad Setser, Ioannis Halikias, Alexander Pitt, Christoph B. Rosenberg, Brett E. House, Jens Nystedt, and Christian Keller. Debt-Related Vulnerabilities and Financial Crises, (USA: International Monetary Fund, 2005) accessed December 26, 2024

Summary

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.

Subject: Commercial banks, Currencies, External debt, Financial institutions, Financial statements, Money, Public debt, Public financial management (PFM), Public sector

Keywords: Africa, Asia and Pacific, Balance sheet crisis, Balance sheet data, Balance sheet indicator, Balance sheet mismatch, Central and Eastern Europe, Commercial banks, Currencies, Debt, Dollar, East Asia, Financial statements, Foreign currency, Middle East, OP, Sectoral balance sheet mismatch, Sectoral balance sheet relationship

Publication Details

Pages:

58
Volume:

---
DOI:

---
Issue:

---
Series:

Occasional Paper No. 2005/008
Stock No:

S240EA
ISBN:

9781589064256
ISSN:

0251-6365

Supplemental Resources

Link to Abstract
pdf

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

Occasional Papers