 | Capital Flows and Financial Crises Capital flows to the developing economies have long displayed a boom-and-bust pattern. Rarely has the cycle turned as abruptly as it did in the 1990s, however: surges in lending were followed by the Mexican peso crisis of 1994-95 and the sudden... Miles Kahler is the Rohr Professor of Pacific International Relations at the University of California, San Diego. He is the author of several books, including Governance in a Global Economy: Political Authority in Transition , and editor of The Politics of International Debt , also from Cornell. |
