WorldCat Identities

Velasco, Andrés

Works: 128 works in 605 publications in 1 language and 5,894 library holdings
Roles: Author, Editor, Honoree, Redactor, Other
Publication Timeline
Most widely held works by Andrés Velasco
Can swaps solve the debt crisis? : lessons from the Chilean experience by Felipe Larrain( Book )

14 editions published in 1990 in English and held by 421 WorldCat member libraries worldwide

Exchange-rate policy in emerging-market economies : the case for floating by Felipe Larraín B.( Book )

12 editions published in 2001 in English and held by 394 WorldCat member libraries worldwide

Trade, development, and the world economy : selected essays of Carlos F. Díaz-Alejandro by Carlos Federico Díaz Alejandro( Book )

14 editions published in 1988 in English and held by 275 WorldCat member libraries worldwide

Money, crises, and transition : essays in honor of Guillermo A. Calvo by Carmen M Reinhart( Book )

15 editions published in 2008 in English and held by 210 WorldCat member libraries worldwide

Essays by prominent scholars and policymakers honor one of the most influential macroeconomists of the last thirty years discussing the themes behind his work
The collapse of the Mexican peso : what have we learned? by Jeffrey Sachs( Book )

21 editions published in 1995 in English and held by 80 WorldCat member libraries worldwide

Abstract: In the first quarter of 1995 Mexico found itself in the grip of an intense financial panic. Foreign investors fled Mexico despite very high interest rates on Mexican securities, an undervalued currency, and financial indicators that pointed to long-term solvency. The fundamental conditions of the Mexican economy cannot account for the entire crisis. The crisis was due to unexpected shocks that occurred in 1994, and the inadequate policy response to those shocks. In the aftermath of the March assassination the exchange rate experienced a nominal devaluation of around 10 percent and interest rates increased by around 7 percentage points. However, the capital outflow continued. The policy response to this was to maintain the exchange rate rule, and to prevent further increases in interest rates by expanding domestic credit and by converting short-term peso- denominated government liabilities (Cetes) falling due into dollar- denominated bonds (Tesobonos). A fall in international reserves and an increase in short-term dollar-denominated debt resulted. The government simply ended up illiquid, and therefore financially vulnerable. Illiquidity exposed Mexico to a self-fulfilling panic
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Audience Level
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Audience level: 0.50 (from 0.05 for Money, cri ... to 0.74 for The collap ...)

Money, crises, and transition : essays in honor of Guillermo A. Calvo
Alternative Names
Andrés Velasco

Andrés Velasco Brañes chilensk ekonom

Andrés Velasco Brañes chilensk økonom

Andrés Velasco Chilean politician

Andrés Velasco econoom uit Chili

Andrés Velasco homme politique chilien

Velasco, Andrés

Velasco, Andres 1960-

Velasco Brañes, Andrés 1960-


English (76)