International Capital Markets

Relevant for researchers, students, businesspersons and policy-makers.

• PART 1: INTRODUCTION ; 1. Introduction ; PART 2: GLOBAL QUESTIONS ; 2. A World Financial Authority ; 3. Recasting the International Financial Agenda ; 4. Financial Regulation in a Liberalized Global Environment ; 5. Capital Controls and the World Financial Authority: What Can We Learn from the Indian Experience? ; 6. International Capital Mobility, Macroeconomic Imbalances, and the Risk of Global Contraction ; 7. The Politics of Global Financial Regulation: Lessons from the Fight Against Money Laundering ; PART 3: ISSUES IN INDUSTRIALIZED ECONOMIES ; 8. Financial Market Liberalization and the Changing Character of Corporate Governance ; 9. The Influence of the Financial Media over International Economic Policy ; PART 4: DEVELOPING AND TRANSITION ECONOMIES ; 10. Capital Market Liberalization and Economic Performance in Latin America ; 11. FX Short Positions, Balance Sheets, and Financial Turbulence ; 12. The Three Routes to Financial Crises: The Need for Capital Controls ; 13. "Asian Capitalism" and the Financial Crisis ; 14. The Triumph of the Rentiers? The 1997 Korean Crisis in Historical Perspective ; 15. The Magical Realism of Brazillian Economics: How to Create a Financial Crisis by Trying to Avoid One ; PART 5: REGULATORY QUESTIONS ; 16. Synthetic Assets, Risk Management, and Imperfections ; 17. The role of Derivatives in the East Asian Financial Crisis ; 18. Procyclicality of Regulatory Ratios?