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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Toward a New International Financial Architecture: A Practical Post-Asia Agenda

Toward a New International Financial Architecture: A Practical Post-Asia Agenda

Eichengreen, Barry

Paperback

EconomicsInvesting & Finance

ISBN10: 0881322709
ISBN13: 9780881322705
Publisher: Peterson Inst For Intl Economi
Published: Jan 1 1999
Pages: 216
Weight: 0.64
Height: 0.43 Width: 6.03 Depth: 9.01
Language: English
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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