Padma Desai is Gladys and Roland Harriman Professor of Comparative Economic Systems and Director of the Center for Transition Economies at Columbia University. She was president of the Association for Comparative Economic Studies in 2001. She is author of The Soviet Economy and Perestroika in Perspective.

"Financial Crisis, Contagion, and Containment is though-provoking for economic and financial practitioners who want to better understand financial crises and the IMF's attendant policy responses. Although originally written in 2003, the book remains relevant today."--MKB, Financial Analysts Journal

• *Frontmatter, pg. i*Contents, pg. vii*Preface, pg. ix*1. Introduction, pg. 1*2. The U.S. Economy in Transition, pg. 13*3. The Euro: Teething Troubles and Faltering Responses, pg. 46*4. Japan: The Lost Decade of the Nineties amidst Policy Paralysis, pg. 70*5. The Asian Financial Crisis, pg. 86*6. The Asian Crisis Chronology, pg. 119*7. The Ruble Collapses in August 1998, pg. 136*8. Contagion from the Ruble to the Real, pg. 162*9. Beyond Bangkok: Crisis Erupts in Buenos Aires and in the Bosphorus, pg. 172*10. The Contagion, pg. 197*11. International Monetary Fund to the Rescue: How Did It Fare? Badly, pg. 212*12. Crisis Prevention and Containment: The Next Steps in Financial Reform, pg. 263*References, pg. 285*Index, pg. 293

Padma Desai is Gladys and Roland Harriman Professor of Comparative Economic Systems and Director of the Center for Transition Economies at Columbia University. She was president of the Association for Comparative Economic Studies in 2001. She is author of The Soviet Economy and Perestroika in Perspective.

"Financial Crisis, Contagion, and Containment is though-provoking for economic and financial practitioners who want to better understand financial crises and the IMF's attendant policy responses. Although originally written in 2003, the book remains relevant today."--MKB, Financial Analysts Journal

• *Frontmatter, pg. i*Contents, pg. vii*Preface, pg. ix*1. Introduction, pg. 1*2. The U.S. Economy in Transition, pg. 13*3. The Euro: Teething Troubles and Faltering Responses, pg. 46*4. Japan: The Lost Decade of the Nineties amidst Policy Paralysis, pg. 70*5. The Asian Financial Crisis, pg. 86*6. The Asian Crisis Chronology, pg. 119*7. The Ruble Collapses in August 1998, pg. 136*8. Contagion from the Ruble to the Real, pg. 162*9. Beyond Bangkok: Crisis Erupts in Buenos Aires and in the Bosphorus, pg. 172*10. The Contagion, pg. 197*11. International Monetary Fund to the Rescue: How Did It Fare? Badly, pg. 212*12. Crisis Prevention and Containment: The Next Steps in Financial Reform, pg. 263*References, pg. 285*Index, pg. 293

Padma Desai is Gladys and Roland Harriman Professor of Comparative Economic Systems and Director of the Center for Transition Economies at Columbia University. She was president of the Association for Comparative Economic Studies in 2001. She is author of The Soviet Economy and Perestroika in Perspective.

"Financial Crisis, Contagion, and Containment is though-provoking for economic and financial practitioners who want to better understand financial crises and the IMF's attendant policy responses. Although originally written in 2003, the book remains relevant today."--MKB, Financial Analysts Journal

• *Frontmatter, pg. i*Contents, pg. vii*Preface, pg. ix*1. Introduction, pg. 1*2. The U.S. Economy in Transition, pg. 13*3. The Euro: Teething Troubles and Faltering Responses, pg. 46*4. Japan: The Lost Decade of the Nineties amidst Policy Paralysis, pg. 70*5. The Asian Financial Crisis, pg. 86*6. The Asian Crisis Chronology, pg. 119*7. The Ruble Collapses in August 1998, pg. 136*8. Contagion from the Ruble to the Real, pg. 162*9. Beyond Bangkok: Crisis Erupts in Buenos Aires and in the Bosphorus, pg. 172*10. The Contagion, pg. 197*11. International Monetary Fund to the Rescue: How Did It Fare? Badly, pg. 212*12. Crisis Prevention and Containment: The Next Steps in Financial Reform, pg. 263*References, pg. 285*Index, pg. 293