The deregulation of domestic financial markets and the capital account in developing countries has frequently been associated with financial turmoil and macro volatility. The book analyzes the experiences of several countries, drawing implications for building development-friendly domestic and international financial architectures.
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ADEOLA ADENIKINJU Reader, Department of Economics, University of Ibadan, Ibadan, Nigeria. S. IBI AJAYI Professor of Economics, University of Ibadan, Ibadan, Nigeria MELVIN D. AYOGU Dean of Commerce and Professor of Economics, University of Cape Town, South Africa GETULIO BORGES DA SILVEIRA FILHO Professor and Researcher, Universidade Federal do Rio de Janeiro, Brazil FERNANDO JOSE CARDIM DE CARVALHO Consultant, Instituto Brasileiro de Análises Sociais e Econômicas, Brazil; Professor, Universidade Federal do Rio de Janeiro, Brazil HASHEM DEZHBAKHSH Professor of Economics, Emory University STEPHANY GRIFFITH-JONES Professor of Economics, Institute of Development Studies, University of Sussex, UK IGAL MAGENDZO Manager, Macroeconomic Analysis Unit, Central Bank of Chile, Chile; Lecturer, Macroeconomics, Universidad de Chile, Chile JOSÉ ANTONIO OCAMPO United Nations Under-Secretary-General for Economic and Social Affairs; Head, UN Department of Economic and Social Affairs (DESA); Chair, UN Executive Committee on Economic and Social Affairs YUNG CHUL PARK Research Professor and Director, Center of International Commerce and Finance Graduate School of International Studies, Seoul National University, South Korea; Co-Chairman, Korean Public Fund Oversight Committee, South Korea ANATOLY PERESETSKY Professor, New Economic School and Central Economics and Mathematics Institute, Russian Academy of Science, Russia PIRIYA PHOLPHIRUL Assistant Professor of Economics, School of Development Economics of the National Institute of Development Administration (NIDA), Bangkok, Thailand FRANCISCO EDUARDO PIRES DE SOUZA Professor of Economics, Universidade Federal do Rio de Janeiro, Brazil; Professor of Economics, Universidade Federal Fluminense, Brazil; Researcher, Instituto Brasileiro de Geografia e Estadística and of the Financiadora de Estudos e Projetos, Brazil VLADIMIR POPOV Professor, New Economic School, Moscow, Russia; Visiting Professor, Carleton University, Ottawa, Canada ANDRÉS RIUS Team Leader, Globalization, Growth and Poverty PI, IDRC Regional Office for Latin America and the Caribbean, Montevideo LILIANA ROJAS-SUAREZ Senior Fellow, Center for Global Development, USA; Chair, Latin American Shadow Financial Regulatory Committee DR ESTHER Y.P. SHEA Lecturer of Economics, School of Accounting and Finance, Hong Kong Polytechnic University, Hong Kong DANIEL TITELMAN Chief, Development Studies Unit, Economic Commission for Latin America and the Caribbean PAKORN VICHYANOND Research Director, Macroeconomic Policy Program, Thailand Development Research Institute (TDRI), Thailand YUNJONG WANG Vice-President, Sk Research Institute, South Korea DR HARRY X. WU Associate Professor of Economics, School of Accounting and Finance, Hong Kong Polytechnic University, Hong Kong; Research Associate, Groningen Growth and Development Centre, University of Groningen, The Netherlands DOO YONG YANG Head, International Finance Department, Korea Institute for International Economic Policy, South Korea
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