Beschreibung
InhaltsangabeAcknowledgements. Preface. Part I: Opening Remarks and Keynote Addresses. 1. Opening Remarks; M.H. Moskow. 2. Lessons from the Asian Crisis; A. Crockett. 3. Lessons from Recent Global Financial Crises; L.H. Meyer. Part II: Review of Recent Financial Crises. 4. Latin America: No Fireworks, No Crisis? R. Hausmann. 5. The Asian Crises Revisited; M. Matsushima. 6. Lessons from Economies in Transition during the Recent Global Financial Crises; M.C. Medish. 7. The Financial Crisis in Russia; P. Sutela. Part III: Review of Policy Responses. 8. Monetary Policy to Resist Excessive Depreciation; M. Mussa. 9. Lessons from the Global Financial Crisis; J.E. Stiglitz. 10. Policy Responses to Global Financial Crises; E.M. Truman. 11. Restructuring Banking Systems; J. Hawkins. 12. Discussion of Policy Responses; A.J. Schwartz. Part IV: What Have We Learned from the Crises and Policy Responses? 13. Exchange Rate Overvaluation and Currency Crises: Lessons from Latin America and East Asia; S. Edwards. 14. Limiting Moral Hazard and Reducing Risk in International Capital Flows: The Choice of an Exchange Rate Regime; R.I. McKinnon. 15. What Have We Learned from Recent Financial Crises and Policy Responses? W.R. White. 16. The Korean Financial Crisis: Causes, Response, and Lessons; K. Kim. 17. Comment on Crises and Policy Responses; R.Z. Aliber. Part V: Redesign of Capital Regulations. 18. International Bank Capital Standards: Next Steps; R.E. Litan. 19. A Framework for Redesign of Capital Regulations; D. Nouy. 20. A Review of Proposals for Redesign of Capital Regulations; H.O. Ruding. 21. The New Regulatory Environment and the Need for Consistent Risk Measures for Financial Institutions; M. Crouhy. 22. The Roles of Banks, Supervisors, and the Market in Balancing Sensitivity and Stability; R. Himino. Part VI: Deposit Insurance Reform and Moral Hazard and Agency Problems. 23. Notes on Market-Based Bank Regulation; P.M. Garber. 24. Moral Hazard and Reform of the Government Safety Net; F.S. Mishkin. 25. Banks' Fragility and the Lender of Last Resort; J.-C. Rochet. 26. Moral Hazard and Reform of the Government Safety Net: A Comment; G. Caprio, Jr. 27. Moral Hazard in Banking: The Recent Argentine Experience; G.J. Escudé. Part VII: Nonbank Financial Institutions, Too Big to Fail, and State Ownership. 28. Financial Regulation, Prudential Supervision, and Market Discipline: Striking a New Balance; T.M. Hoenig. 29. Observations on Corporate Governance in the Asian Crisis; S. Johnson. 30. The Emerging Market Crisis and the Washington Consensus; D.A. Lipton. 31. Lessons of the Asia/Russia Financial Crises; C.M. Lucas. Part VIII: Role of Supervision and Regulation. 32. Making Financial Sector Supervision Work; P. Cantor. 33. Lessons from Recent Global Financial Crises; H. Evans. 34. Thoughts on the
Autorenportrait
InhaltsangabeAcknowledgements. Preface. Part I: Opening Remarks and Keynote Addresses. 1. Opening Remarks; M.H. Moskow. 2. Lessons from the Asian Crisis; A. Crockett. 3. Lessons from Recent Global Financial Crises; L.H. Meyer. Part II: Review of Recent Financial Crises. 4. Latin America: No Fireworks, No Crisis? R. Hausmann. 5. The Asian Crises Revisited; M. Matsushima. 6. Lessons from Economies in Transition during the Recent Global Financial Crises; M.C. Medish. 7. The Financial Crisis in Russia; P. Sutela. Part III: Review of Policy Responses. 8. Monetary Policy to Resist Excessive Depreciation; M. Mussa. 9. Lessons from the Global Financial Crisis; J.E. Stiglitz. 10. Policy Responses to Global Financial Crises; E.M. Truman. 11. Restructuring Banking Systems; J. Hawkins. 12. Discussion of Policy Responses; A.J. Schwartz. Part IV: What Have We Learned from the Crises and Policy Responses? 13. Exchange Rate Overvaluation and Currency Crises: Lessons from Latin America and East Asia; S. Edwards. 14. Limiting Moral Hazard and Reducing Risk in International Capital Flows: The Choice of an Exchange Rate Regime; R.I. McKinnon. 15. What Have We Learned from Recent Financial Crises and Policy Responses? W.R. White. 16. The Korean Financial Crisis: Causes, Response, and Lessons; K. Kim. 17. Comment on Crises and Policy Responses; R.Z. Aliber. Part V: Redesign of Capital Regulations. 18. International Bank Capital Standards: Next Steps; R.E. Litan. 19. A Framework for Redesign of Capital Regulations; D. Nouy. 20. A Review of Proposals for Redesign of Capital Regulations; H.O. Ruding. 21. The New Regulatory Environment and the Need for Consistent Risk Measures for Financial Institutions; M. Crouhy. 22. The Roles of Banks, Supervisors, and the Market in Balancing Sensitivity and Stability; R. Himino. Part VI: Deposit Insurance Reform and Moral Hazard and Agency Problems. 23. Notes on Market-Based Bank Regulation; P.M. Garber. 24. Moral Hazard and Reform of the Government Safety Net; F.S. Mishkin. 25. Banks' Fragility and the Lender of Last Resort; J.-C. Rochet. 26. Moral Hazard and Reform of the Government Safety Net: A Comment; G. Caprio, Jr. 27. Moral Hazard in Banking: The Recent Argentine Experience; G.J. Escudé. Part VII: Nonbank Financial Institutions, Too Big to Fail, and State Ownership. 28. Financial Regulation, Prudential Supervision, and Market Discipline: Striking a New Balance; T.M. Hoenig. 29. Observations on Corporate Governance in the Asian Crisis; S. Johnson. 30. The Emerging Market Crisis and the Washington Consensus; D.A. Lipton. 31. Lessons of the Asia/Russia Financial Crises; C.M. Lucas. Part VIII: Role of Supervision and Regulation. 32. Making Financial Sector Supervision Work; P. Cantor. 33. Lessons from Recent Global Financial Crises; H. Evans. 34.
Inhalt
Acknowledgements. Preface. Part I: Opening Remarks and Keynote Addresses. 1. Opening Remarks; M.H. Moskow. 2. Lessons from the Asian Crisis; A. Crockett. 3. Lessons from Recent Global Financial Crises; L.H. Meyer. Part II: Review of Recent Financial Crises. 4. Latin America: No Fireworks, No Crisis? R. Hausmann. 5. The Asian Crises Revisited; M. Matsushima. 6. Lessons from Economies in Transition during the Recent Global Financial Crises; M.C. Medish. 7. The Financial Crisis in Russia; P. Sutela. Part III: Review of Policy Responses. 8. Monetary Policy to Resist Excessive Depreciation; M. Mussa. 9. Lessons from the Global Financial Crisis; J.E. Stiglitz. 10. Policy Responses to Global Financial Crises; E.M. Truman. 11. Restructuring Banking Systems; J. Hawkins. 12. Discussion of Policy Responses; A.J. Schwartz. Part IV: What Have We Learned from the Crises and Policy Responses? 13. Exchange Rate Overvaluation and Currency Crises: Lessons from Latin America and East Asia; S. Edwards. 14. Limiting Moral Hazard and Reducing Risk in International Capital Flows: The Choice of an Exchange Rate Regime; R.I. McKinnon. 15. What Have We Learned from Recent Financial Crises and Policy Responses? W.R. White. 16. The Korean Financial Crisis: Causes, Response, and Lessons; K. Kim. 17. Comment on Crises and Policy Responses; R.Z. Aliber. Part V: Redesign of Capital Regulations. 18. International Bank Capital Standards: Next Steps; R.E. Litan. 19. A Framework for Redesign of Capital Regulations; D. Nouy. 20. A Review of Proposals for Redesign of Capital Regulations; H.O. Ruding. 21. The New Regulatory Environment and the Need for Consistent Risk Measures for Financial Institutions; M. Crouhy. 22. The Roles of Banks, Supervisors, and the Market in Balancing Sensitivity and Stability; R. Himino. Part VI: Deposit Insurance Reform and Moral Hazard and Agency Problems. 23. Notes on Market-Based Bank Regulation; P.M. Garber. 24. Moral Hazard and Reform of the Government Safety Net; F.S. Mishkin. 25. Banks'' Fragility and the Lender of Last Resort; J.-C. Rochet. 26. Moral Hazard and Reform of the Government Safety Net: A Comment; G. Caprio, Jr. 27. Moral Hazard in Banking: The Recent Argentine Experience; G.J. Escude. Part VII: Nonbank Financial Institutions, Too Big to Fail, and State Ownership. 28. Financial Regulation, Prudential Supervision, and Market Discipline: Striking a New Balance; T.M. Hoenig. 29. Observations on Corporate Governance in the Asian Crisis; S. Johnson. 30. The Emerging Market Crisis and the Washington Consensus; D.A. Lipton. 31. Lessons of the Asia/Russia Financial Crises; C.M. Lucas. Part VIII: Role of Supervision and Regulation. 32. Making Financial Sector Supervision Work; P. Cantor. 33. Lessons from Recent Global Financial Crises; H. Evans. 34. Thoughts on the Role of Regulation and Supervision from the Perspective of the Mexican Experience; A. Reynoso Del Valle. 35. What Regulators and Bankers Can Learn from Global Financial Crises; R. Spillenkothen. Part IX: Future of Official International Organizations. 36. A World Financial Authority; J. Eatwell. 37. Strengthening the International Financial Architecture: Recommendations of the Council on Foreign Relations Task Force; M. Goldstein. 38. Strengthening Financial Stability: Institutional Approach or Pragmatic Multitherapy? A. Icard. 39. Statement of the Future of Official International Organizations; R.F. Mikesell. 40. The Future of Official International Organizations; J. Stark. 41. Saving the IMF''s Seal of Approval; T.D. Willett. Part X: Summary. 42. Summary and Closing Remarks; R.S. Kroszner. Conference Program. Contributors.