Table of Contents

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