Summary of Recommendations; Standards for Crisis Prevention; Banks and Capital Flows; Bailing in the Private Sector; What Won't Work; What the IMF Should Do (and What We Should Do About the IMF). Appendices: Other Plans; How Economists Understand Crises; Understanding Asia's Crisis.
Barry Eichengreen is an American economist who holds the title of George C. Pardee and Helen N. Pardee Professor of Economics and Political Science at the University of California, Berkeley, where he has taught since 1987. He has done research and published widely on the history and current operation of the international monetary and financial system. He received his BA from UC Santa Cruz and his Ph.D. from Yale University in 1979. He was a senior policy advisor to the International Monetary Fund in 1997 and 1998, although he has since been critical of the IMF.
Skillful and comprehensive... [the book] offers an especially lucid account of the Asian financial crisis. -- Richard N. Cooper Foreign Affairs The details of the straightforward approach (to reforming the international financial architecture) are laid out with admirable clarity. -- Clive Crook, National Journal It offers a concise analysis of the main problems ailing today's international financial system and a host of modest, but useful, suggestions for reform. The Economist
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