In this accessible book, a leading expert provides a critical assessment of the official sector's efforts to more effectively manage financial crises in emerging markets.
"Cover"--"Title"--"Copyright" -- "Contents" -- "List of Tables" -- "List of Figures" -- "Acknowledgments" -- "1 Introduction" -- "2 The Origins of Foreign Balances" -- "3 From Jekyll Island to Genoa" -- "4 Reserve Currencies in the 1920s ...
The volume also serves to summarize the findings of companion volumes in the Harvard–Korean Development Institute series on the Korean economy, also published by the Harvard University Asia Center."
None of this is to deny that debt problems, debt crises, and debt defaults occur. But these dramatic events, which attract much attention, are not the entire story. In Defense of Public Debt redresses the balance.
The question, given this, is why didn't policymakers do better? Hall of Mirrors, Barry Eichengreen's monumental twinned history of the two crises, provides the farthest-reaching answer to this question to date.
This first volume is centred on the transition to modern economic growth, which first occurred in Britain before spreading to other parts of western Europe by 1870.
A comprehensive analysis of the sources of this problem and its consequences, Other People's Money takes the study one step further, proposing a solution that would involve having the World Bank and regional development banks themselves ...
Then, as now, the story continues, other countries were reluctant to revalue their currencies for fear of seeing their export-led growth slow and suffering capital losses on their foreign reserves.
In this volume, fourteen distinguished specialists in international political economy thoroughly explore the concept of international regimes--the implicit and explicit principles, norms, rules, and procedures that guide international ...
In the chapters on the 1978 Bonn economic summit, German macroeconomic policy, international cooperation on public health issues, and hegemony and stability, the scholars contributing to this volume analyze the history and process of ...