Wanted : world financial stability / edited by Eduardo Fernández-Arias and Ricardo Hausmann.

Format:

Book

Conference/Event

Contributor:

Fernandez-Arias, Eduardo.

Hausmann, Ricardo.

Inter-American Development Bank.

Conference Name:

Conference on "Crisis and Contagion in Emerging Financial Markets: The Policy Agenda" (1998 : Washington, DC)

Conference on "New Initiatives to Tackle International Financial Turmoil" (1999 : Paris, France)

Language:

English

Subjects (All):

Economic stabilization--Congresses.

Economic stabilization.

Financial crises--Congresses.

Financial crises.

Financial institutions, International--Congresses.

Financial institutions, International.

Fiscal policy--Congresses.

Fiscal policy.

Capital market--Congresses.

Capital market.

International economic integration--Congresses.

International economic integration.

Foreign exchange rates--Congresses.

Foreign exchange rates.

Genre:

Conference papers and proceedings.

Physical Description:

iv, 230 pages : illustrations ; 23 cm

Other Title:

Wanted, world financial stability

Place of Publication:

Washington, DC : Published by the Inter-American Development Bank : Distributed by The Johns Hopkins University Press, 2000.

Summary:

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.

Notes:

"This volume examines ... issues ... discussed at two Inter-American Development Bank conferences: "Crisis and Contagion in Emerging Financial Markets: The New Policy Agenda" [and] "New Initiatives to Tackle International Financial Turmoil"--preface.

Includes bibliographical references.

ISBN:

1886938636

OCLC:

43555682