International Financial Markets
The Challenge of Globalization
Format:Hardback
Publisher:The University of Chicago Press
Published:15th Apr '03
Currently unavailable, and unfortunately no date known when it will be back
As the globalization of financial markets continues, we urgently need to understand the crises that have plagued these markets and the policies best suited to preventing such crises in the future. In this book, a prominent group of economists and policymakers blend conceptual analysis and policy discussion in seven well-integrated papers, analyzing the nature of capital flows, alternative exchange-rate regimes, and the roles of international financial institutions. After a guided tour by the editor and an historical exploration, some of the world's leading theorists and policy analysts examine the benefits and pitfalls of capital movements and controls. In the second portion, papers examine the recent experiences of Argentina and Mexico, with Charles Calomiris - whose proposals for a new world financial architecture have elicited wide attention - contributing a response. The volume concludes with a roundtable discussion of the report of the International Financial Institutions Advisory Commission, in which the chair of the commission, Allan H. Meltzer, both comments on the report and responds to questions about it. The material presented here should become a standard reference for analysts, policymakers and the interested general public.
ISBN: 9780226032146
Dimensions: 23mm x 16mm x 3mm
Weight: 595g
336 pages