The world is faced with a crisis in Africa. The word "crisis" is undoubtedly overused in today's complex and unstable world, but the current situation in Africa richely deserves its use. On top of fundamental problems of longer-run development - rapid population growth, slow eco…
In recent years, financial evolution has come nearly full circle, and there is renewed interest in finding answers to questions that had not been pursued since shortly after the kind of rethinking of the international agendathat has begun at leading universities, banks, and offi…
Since the special drawing right (SDR) was established in 1967, the volume of international financing has grown tremendously, as has the variety of instruments, currencies, and sources of funds involved. In conjunction with the flexible exchange rate system that has prevailed ove…
Since the special drawing right (SDR) was established in 1967, the volume of international financing has grown tremendously, as has the variety of instruments, currencies, and sources of funds involved. In conjunction with the flexible exchange rate system that has prevailed ove…
"The recent debate on the consequences of structural adjustment for developing economies, which took place between the World Bank and the United Nation's Economic Commission on Africa, underlines the need for further investigation of this important economic strategy. Tanzania, w…
How is finance related to economic processes, and why should it be viewed as a public good requiring policy action? This book provides an answer. The book develops a practical framework for safeguarding financial stability, which encompasses both prevention and resolution of pro…
"Jean Tirole first analyzes the current views on the crises and on the reform of the international financial architecture. Reform proposals often treat the symptoms rather than the fundamentals, he argues, and sometimes fail to reconcile the objectives of setting effective finan…
"Jean Tirole first analyzes the current views on the crises and on the reform of the international financial architecture. Reform proposals often treat the symptoms rather than the fundamentals, he argues, and sometimes fail to reconcile the objectives of setting effective finan…
"Jean Tirole first analyzes the current views on the crises and on the reform of the international financial architecture. Reform proposals often treat the symptoms rather than the fundamentals, he argues, and sometimes fail to reconcile the objectives of setting effective finan…
