@techreport{Bordo2007Growing,
abstract = {This lecture revisits the evidence on the incidence and severity of different varieties of financial crises within the context of globalization then (pre-1914) and now (1980 to the present). I then discuss the determinants of emerging market crises from the perspective of the recent balance sheet approach. This approach puts at center stage the importance of financial development. I then peel the onion back further and consider the ?deep? institutional determinants of financial development and their relationship to financial stability. I conclude by conjecturing about the ways countries learn from their financial crises to improve their institutions and grow up to financial stability.},
address = {Kiel},
author = {Michael D. Bordo},
copyright = {http://creativecommons.org/licenses/by-nc/2.0/de/deed.en},
keywords = {N1; G2; F4; O1; 330; financial crises; globalization; financial development; institutions},
language = {eng},
number = {2007-33},
publisher = {Kiel Institute for the World Economy (IfW)},
title = {Growing up to Financial Stability},
type = {Economics Discussion Papers / Institut f\"{u}r Weltwirtschaft},
url = {http://hdl.handle.net/10419/17956},
year = {2007}
}
