The document discusses the history and differences between developed markets (DM) and emerging markets (EM) financial crises, highlighting the perpetual crises in EM from the 1930s to the 1990s. It includes a table showing the percentage of EM countries facing financial shocks over time. The study also examines the impact of fiat currencies post-Bretton Woods and their role in financial stability.
doj/DataSet10/EFTA01384460.pdf
{"title":"Long-Term Asset Return Study: The Next Financial Crisis","key_people":["Deutsche Bank AG"],"document_date":"2017-09-18","document_type":"tabular","document_subtype":"financial report","key_organizations":["Deutsche Bank"],"reference_numbers":["DB-SDNY-0084662","SDNY_GM_00230846","EFTA01384460"]}