International Capital Markets

Systems In Transition

Edited by John Eatwell and Lance Taylor

International Capital Markets

Systems In Transition

Edited by John Eatwell and Lance Taylor

Description

These papers provide a cutting-edge overview of general issues regarding world capital markets, experience in developing countries, and capital market regulation, which many economists believe could turn into the number one topic in international business and economics.

International Capital Markets

Systems In Transition

Edited by John Eatwell and Lance Taylor

Part I: Introduction
1. Introduction, John Eatwell and Lance Taylor
Part II: Global Questions
2. A World Financial Authority, John Eatwell and Lance Taylor
3. Recasting the International Financial Agenda, José Antonio Ocampo
4. Financial Regulation in a Liberalized Global Environment, Jane D'Arista
5. Capital Controls and the World Financial Authority: What Can We Learn from the Indian Experience?, Deepak Nayyar
6. International Capital Mobility, Macroeconomic Imbalances, and the Risk of Global Contraction, Robert Blecker
7. The Politics of Global Financial Regulation: Lessons from the Fight Against Money Laundering, Eric Helleiner
Part III: Issues in Industrialized Economies
8. Financial Market Liberalization and the Changing Character of Corporate Governance, Thorsten H. Block
9. The Influence of the Financial Media over International Economic Policy, Jeff Madrick
Part IV: Developing and Transition Economies
10. Capital Market Liberalization and Economic Performance in Latin America, Roberto Frenkel
11. FX Short Positions, Balance Sheets, and Financial Turbulence, Salih N. Neftci
12. The Three Routes to Financial Crises: The Need for Capital Controls, Gabriel Palma
13. "Asian Capitalism" and the Financial Crisis, Ajit Singh
14. The Triumph of the Rentiers? The 1997 Korean Crisis in Historical Perspective, Ha-Joon Chang and Chul-Gyue Yoo
15. The Magical Realism of Brazilian Economics: How to Create a Financial Crisis by Trying to Avoid One, Gabriel Palma
Part V: Regulatory Questions
16. Synthetic Assets, Risk Management, and Imperfections, Salih N. Neftci
17. The Role of Derivatives in the East Asian Financial Crisis, Randall Dodd
18. Procyclicality of Regulatory Ratios?, Philip Turner

International Capital Markets

Systems In Transition

Edited by John Eatwell and Lance Taylor

Author Information

Contributors:

Robert Blecker, American University, Washington, United States

Thorsten Black, New School University, New York, United States

Ha-Joon Chang, University of Cambridge, Cambridge, United Kingdom

Jane D'Arista, Financial Markets Centre, Philomont, Virginia, United States

Randall Dodd, Derivatives Study Centre, Washington, United States

John Eatwell, University of Cambridge, Cambridge, United Kingdom

Roberto Frenkel, Centre for the Study of the State and Society, Buenos Aires, Argentina

Eric Helleiner, Trent University, Peterborough, Ontario, Canada

Jeff Madrick, Challenge magazine, New York, United States

Deepak Nayyar, Jawahrlal University, New Delhi, India

Salih Nefci, New School University, New York, United States

Jose Antonio Ocampo, United Nations Economic Commission on Latin America and the Caribbean, Santiago, Chile

Gabrial Palma, University of Cambridge, Cambridge, United Kingdom

Ajit Sing, University of Cambridge, Cambridge, United Kingdom

Lance Taylor, New School University, New York, United States

Philip Turner, Bank for International Settlements, Basle, Switzerland

Chul-Gyne Yoo, Seong Gong Hoe University, Seoul, Korea