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Research Article
Russian Journal of Economics 5(1): 67-87
https://doi.org/10.32609/j.ruje.5.35506 (17 Apr 2019)
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  • 1. Introduction
  • 2. Emerging-market crises: definitions and historic overview
    • 2.1. Definition of financial, debt and currency crises
    • 2.2. Theoretical models of currency crises
    • 2.3. Definition of emerging markets
    • 2.4. Emerging-market crises in 1980s, 1990s and early 2000s
  • 3. The period of relative calm and prosperity
  • 4. New crisis episodes
    • 4.1. Global financial crisis (2008–2009)
    • 4.2. Decline in commodity prices (2014–2016)
    • 4.3. Troubles of Argentina and Turkey (2018)
  • 5. Potential risk factors
  • 6. Crisis prevention and crisis management
    • 6.1. The role of early warning signals
    • 6.2. Fighting crisis: gradual stabilization is not a remedy
  • 7. Summary: lessons to be learnt
  • References
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