ani durdurma

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sudden stop
(Ekonomi) A sudden stop in capital flows is defined as a sudden slowdown in private capital inflows into emerging market economies, and a corresponding sharp reversal from large current account deficits into smaller deficits or small surpluses. Sudden stops are usually followed by a sharp decrease in output, private spending and credit to the private sector, and real exchange rate appreciation. The term “sudden stop” was inspired by a banker’s comment on a paper by Dornbusch and Werner about Mexico, that “it is not speed that kills, it is the sudden stop”
ani durdurma
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