Abstract
The current debate on financial contagion is motivated by a number of policy questions. What can we do to prevent contagion? Should we do anything about it? In this chapter we attempt to identify and evaluate the public policy implications of recent research on financial contagion.
Chapter prepared for the World Bank Conference on “Contagion: How it Spreads and How It Can Be Stopped?” Washington, D.C., February 3–4, 2000. We thank Naoko Kojo for invaluable help in the collection and analysis of background material. The opinions expressed here are ours only and not necessarily those of the Workd Bank. iRoberto Chang, Associate Professor, Rutgers University, phone 732-932-7269, email chang@econ.rutgers.edu. Giovanni Majnoni, Adviser, World Bank, phone 202-458-7542, fax 202-522-2031, e-mail gmajnoni@worldbank.org.
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Chang, R., Majnoni, G. (2001). International Contagion: Implications for Policy . In: Claessens, S., Forbes, K.J. (eds) International Financial Contagion. Springer, Boston, MA. https://doi.org/10.1007/978-1-4757-3314-3_15
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DOI: https://doi.org/10.1007/978-1-4757-3314-3_15
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