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Wanted: World Financial Stability (Inter-American Development Bank) - Softcover

 
9781886938632: Wanted: World Financial Stability (Inter-American Development Bank)

Synopsis

Latin America has made a major effort over the past decade to put its financial house in order, modernize its macroeconomic policy, and undertake sweeping structural changes. These gains are now threatened by global financial contagion that spreads despite sound fundamentals, particularly to emerging markets.

Wanted: World Financial Stability examines the roots of this turmoil, how it spreads, and what should be done both in Latin America and internationally to prevent, contain and recover from it. The book reviews lessons learned from previous crises, suggests what individual countries can do to protect themselves, and discusses the role international financial institutions can play in providing solutions. It also looks at the heated exchange rate debate, links between exchange rate policy and financial fragility, and arguments for supranational currencies and dollarization.

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About the Author

Ricardo Hausmann is Chief Economist and Eduardo Fernández-Arias is Leading Research Economist for the IDB Research Department.

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Published by Inter-American Development Bank, 2000
ISBN 10: 1886938636 ISBN 13: 9781886938632
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Published by Inter-American Development Bank, 2000
ISBN 10: 1886938636 ISBN 13: 9781886938632
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Fernandez-Arias, Eduardo (Editor)/ Fern»Ndez-Arias, Eduardo (Editor)/ Hausmann, Ricardo/ Hausmann, Ricardo (Editor)/ Inter-American Development Bank (Corporate Author)/ Crisis and Contagion in Emerging Financial Markets: The New Policy Agenda (1998 : Washington, D. C.)
Published by Inter-Amer Development Bank, 2000
ISBN 10: 1886938636 ISBN 13: 9781886938632
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