The global economy, on which the world now depends more than ever, is in crisis. The Russian economy has collapsed, leading to punishing inflation and economic hardship. Scores of Japanese banks ar…
This volume provides a collection of essays which examines the performance of the six financial functions: payments, lending and investing, pooling funds, allocating risk, providing information and…
Market Prophets is an insightful and provocative guide to the financial forecasting business: an analysis of how the pundits succeed and fail in predicting the ups and downs of markets and economie…
Today national boundaries are dissolving in the flood of money flowing ceaselessly around the globe, seeking safe havens and high profits. Managing these vast sums is a new breed of bankers. They a…
Recent Developments in International Banking and Finance represents the research and strategies presented at the third annual Symposium on International Banking and Finance, sponsored by the Gradua…
"The first thing you think is where's the edge, where can I make a bit more money, how can I push, push the boundaries. But the point is, you are greedy, you want every little bit of money that you…
The deep currency crisis which erupted in the beginning of July 1997 among the rapidly growing economies of Southeast Asia raises the question: "Have the rapid rates of growth in the late 1980s and…
How should governments and central banks use monetary policy to create a healthy economy? Traditionally, policymakers have used such strategies as controlling the growth of the money supply or pegg…
In this important policy- and campaign-relevant volume, economists, intellectuals and NGO leaders from both North and South confront what has now become the central issue of the new globalized worl…
In an intriguing synthesis of current theories of international finance, trade, and industrial organization, Paul Krugman presents a provocative analysis of the extraordinary volatility of exchange…