Origins and Early Warning Indicators of Banking Crises”.docVIP

Implications of Early Warning Models of Crisis By Morris Goldstein Dennis Weatherstone Senior Fellow Institute for International Economics, Washington DC Paper prepared for KDIC International Financial Symposium on The Financial Crisis and Beyond Seoul, Korea, December 11, 2001 I. Introduction Good afternoon. It’s a great pleasure to be here and to have the opportunity to participate in this KDIC international financial symposium on The Financial Crisis and Beyond. In my remarks, I want to summarize some of the lessons that have been learned about origins and early warning indi