Toward a New International Financial Architecture ? A Practical Post?Asia Agenda

Barry Eichengreen

Language: English

Published by The Peterson Institute for International Economics, 1999

0881322709 / 9780881322705

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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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Title
Toward a New International Financial Architecture ? A Practical Post?Asia Agenda
Author
Barry Eichengreen
Publisher
The Peterson Institute for International Economics
Publication year
1999
Condition
Very Good
Binding
Paperback
Language
English
ISBN 10
0881322709
ISBN 13
9780881322705

World of Books Inc

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