Toward a New International Financial Architecture A Practical PostAsia Agenda by Barry Eichengreen

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Toward a New International Financial Architecture A Practical PostAsia Agenda by Barry Eichengreen

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Toward a New International Financial Architecture A Practical PostAsia Agenda by Barry Eichengreen

The Asian financial crisis and the global economic turmoil that followed it have highlighted the need to avert financial crises and resolve them quickly if they do occur. This book addresses current concerns that existing institutional arrangements, including the Bretton Woods institutions, can no longer adequately cope with today's world of high capital mobility. It provides a critical assessment of competing proposals to better predict, forestall, and resolve international financial crises and outlines a practical and pragmatic agenda for reform. The recommendations are based on the belief that financial markets can malfunction, creating a compelling case for a financial safety net (and therefore a role for the IMF), but also creating problems of moral hazard that must be addressed.

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SKU Unavailable
ISBN 13 9780881322705
ISBN 10 0881322709
Title Toward a New International Financial Architecture A Practical PostAsia Agenda
Author Barry Eichengreen
Condition Unavailable
Binding Type Paperback
Publisher The Peterson Institute for International Economics
Year published 1999-01-01
Number of pages 216
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.