Research Catalog

Title

Global financial crises : lessons from recent events / edited by Joseph R. Bisignano, William C. Hunter, George G. Kaufman.

Publication

Boston : Kluwer Academic Publishers, [2000], ©2000.

Items in the Library & Off-site

Details

Additional Authors

• Bisignano, Joseph.
• Hunter, W. Curt (William Curt)
• Kaufman, George G.
• Federal Reserve Bank of Chicago.
• Bank for International Settlements.

Description

xii, 457 pages : illustrations; 25 cm

Summary

• "This book collects the papers and discussants' comments presented at a conference co-sponsored by the Federal Reserve Bank of Chicago and the Bank for International Settlements in Basel, Switzerland, and held in Chicago in early October 1999. The purpose of the conference was to identify and discuss the lessons to be learned from these crises.".
• "Because of the timeliness of the conference and the wide-ranging expertise of the participants, the papers in this book should be of significant interest both to students of financial crises and to domestic and international policymakers."--BOOK JACKET.

Subjects

• Monetary policy > Congresses
• Finance > Congresses
• Financial crises > Congresses

Note

• Papers presented at a conference held on Sept. 30-Oct. 2, 1999 at the Federal Reserve Bank of Chicago and co-sponsored by the Bank for International Settlements in Basel, Switzerland.

Bibliography (note)

• Includes bibliographical references.

Contents

• 1. Opening Remarks / Michael H. Moskow -- 2. Lessons from the Asian Crisis / Andrew Crockett -- 3. Lessons from Recent Global Financial Crises / Laurence H. Meyer -- 4. Latin America: No Fireworks, No Crisis? / Ricardo Hausmann -- 5. The Asian Crises Revisited / Masayuki Matsushima -- 6. Lessons from Economies in Transition during the Recent Global Financial Crises / Mark C. Medish -- 7. The Financial Crisis in Russia / Pekka Sutela -- 8. Monetary Policy to Resist Excessive Depreciation / Michael Mussa -- 9. Lessons from the Global Financial Crisis / Joseph E. Stiglitz -- 10. Policy Responses to Global Financial Crises / Edwin M. Truman -- 11. Restructuring Banking Systems / John Hawkins -- 12. Discussion of Policy Responses / Anna J. Schwartz -- 13. Exchange Rate Overvaluation and Currency Crises: Lessons from Latin America and East Asia / Sebastian Edwards --
• 14. Limiting Moral Hazard Reducing Risk in International Capital Flows: The Choice of an Exchange Rate Regime / Ronald I. McKinnon -- 15. What Have We Learned from Recent Financial Crises and Policy Responses? / William R. White -- 16. The Korean Financial Crisis: Causes, Response, and Lessons / Kihwan Kim -- 17. Comment on Crises and Policy Responses / Robert Z. Aliber -- 18. International Bank Capital Standards: Next Steps / Robert E. Litan -- 19. A Framework for Redesign of Capital Regulations / Daniele Nouy -- 20. A Review of Proposals for Redesign of Capital Regulations / H. Onno Ruding -- 21. The New Regulatory Environment and the Need for Consistent Risk Measures for Financial Institutions / Michel Crouhy -- 22. The Roles of Banks, Supervisors, and the Market in Balancing Sensitivity and Stability / Ryozo Himino -- 23. Notes on Market-Based Bank Regulation / Peter M. Garber -- 24. Moral Hazard and Reform of the Government Safety Net / Frederic S. Mishkin --
• 25. Banks' Fragility and the Lender of Last Resort / Jean-Charles Rochet -- 26. Moral Hazard and Reform of the Government Safety Net: A Comment / Gerard Caprio, Jr. -- 27. Moral Hazard in Banking: The Recent Argentine Experience / Guillermo J. Escude -- 28. Financial Regulation, Prudential Supervision, and Market Discipline: Striking a New Balance / Thomas M. Hoenig -- 29. Observations on Corporate Governance in the Asian Crisis / Simon Johnson -- 30. The Emerging Market Crisis and the Washington Consensus / David A. Lipton -- 31. Lessons of the Asia/Russia Financial Crises / Charles M. Lucas -- 32. Making Financial Sector Supervision Work / Paul Cantor -- 33. Lessons from Recent Global Financial Crises / Huw Evans -- 34. Thoughts on the Role of Regulation and Supervision from the Perspective of the Mexican Experience / Alejandro Reynoso Del Valle -- 35. What Regulators and Bankers Can Learn from Global Financial Crises / Richard Spillenkothen --
• 36. A World Financial Authority / John Eatwell -- 37. Strengthening the International Financial Architecture: Recommendations of the Council on Foreign Relations Task Force / Morris Goldstein -- 38. Strengthening Financial Stability: Institutional Approach or Pragmatic Multitherapy? / Andre Icard -- 39. Statement of the Future of Official International Organizations / Raymond F. Mikesell -- 40. The Future of Official International Organizations / Jurgen Stark -- 41. Saving the IMF's Seal of Approval / Thomas D. Willett -- 42. Summary and Closing Remarks / Randall S. Kroszner.

ISBN

0792378652 (pbk. : alk. paper)

LCCN

00025874

OCLC

• ocm43851329
• SCSB-3883152

Owning Institutions

Columbia University Libraries