Come sottolinea Joseph Stiglitz, autorevole per l’esperienza acquisita presso la Banca mondiale, i mercati si concentrano sempre più sul tasso “riserve valutarie/debiti a breve termine” che obbliga i paesi che vogliono evitare la crisi a accrescere le proprie riserve di cambio parallelamente ai prestiti a breve termine dei loro attori economici che si indebitano presso investitori stranieri.
As described by Joseph Stiglitz, who derives great authority from his past experience at the World Bank, markets are more and more focused on the ratio of foreign-exchange reserves to short-term debt, forcing countries seeking to head off a crisis to increase their foreign-exchange reserves in parallel with short-term loans taken out by those of their economic operators who are in debt to foreign investors.