Understanding and Modeling Currency Crises and Contagion

In the course of this thesis, I plan to explain and model currency crises and contagion. The rest of the thesis is organized as follows: Section II provides a literature review of currency crises and contagion. Section III describes the case of currency crisis in East Asia. Section IV tells the story of Thailand before and during the crisis from the perspective of a typical news reader. Section V brings the reader to the present situation of the topic and Section VI tries to replicate the role of investors in these events using a cellular automata model. Section VII concludes.