{"product_id":"financial-crises-and-transmission-channels-von-abdurrahman-korkmaz","title":"Financial Crises and Transmission Channels","description":"\u003cp\u003eSeveral financial crises experienced in emerging  markets were preceded by the 1994 Mexican Peso  Crisis or the 1997 East Asian Crisis results in a  highly detailed literature on the transmission  process of financial crises across the markets to  emerge. This book aims at not only reviewing the  aforementioned literature but also making an  appreciable contribution to it by presenting an  alternative perspective on the transmission process  of financial crises across the markets, which states  that an interdependence effect experienced in non- crisis periods could weaken, could disappear  completely and could veer as well in crisis periods  as a result of the contagion process.The  confirmation of the offered alternative perspective  on the transmission process of financial crises  across the markets gives rise to a very important  policy implication to emerge:the policy-makers are  less likely to be able to prevent financial  crises experienced outside from being  transmitted to their own country, even if they could  exactly predict the interdependence effect to exist.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783844310849\"\u003e\u003ch3\u003eTheoretical and Empirical Approaches\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783844310849","offer_id":39470044840029,"sku":"9783844310849","price":49.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/61ad6602-40a1-46f3-92c4-4bca08823915.jpg?v=1776495514","url":"https:\/\/shop.autorenwelt.de\/en\/products\/financial-crises-and-transmission-channels-von-abdurrahman-korkmaz","provider":"Autorenwelt Shop","version":"1.0","type":"link"}