Beschreibung
InhaltsangabeAcknowledgements. Preface. Part I: Opening Remarks. 1. The IMF and the Asian Crisis: A View from the Executive Board; K. Lissakers. 2. The Asian Financial Crisis; M.H. Moskow. Part II: Origins of the Asian Crisis. 3. What Caused the Recent Asian Currency Crisis? C. Burnside, et al. 4. Origins of the Crisis in Asia; M.P. Dooley. 5. Thoughts on the Origins of the Asian Crisis: Impulses and Propagation Mechanisms; R. Glick. 6. Origins of the Asian Crisis: Discussion; R. Chang. Part III: Causes and Implications of the Asian Crisis - The Role of the Financial Sector, Domestic Policies, and Contagion. 7. Precarious Credit Equilibria: Reflections on the Asian Financial Crisis; J.R. Bisignano. 8. Causes and Implications of the Asian Crisis: An Indonesian View; J.S. Djiwandono. 9. The Korean Banking Crisis: Picking up the Pieces; W.C. Hunter. 10. Asian Currency Crisis; D. Lachman. 11. Causes and Implications of the Asian Crisis; F. Larsen. 12. The Yen and Boom - Bust Cycle in East Asia; K. Ueda. 13. Causes and Implications of the Asian Crisis: The Role of Financial Sector, Domestic Policies, and Contagion; C. Wibulswasdi. Part IV: Response to the Crisis - Overview and Case Studies. 14. Asian Crisis: Causes and Remedies; B.B. Aghevli. 15. Korea's Financial Sector Reforms; S. Claessens, et al. 16. Whither Thailand; Y. Iwasaki. 17. Comment on `Asian Crisis: Causes and Remedies'; R.J. Herring. 18. The East Asian Financial Crisis: A Year Later; Yung Chul Park. 19. Removing Financial Bottlenecks to Labor Productivity in Thailand; R. Townsend. Part V: Containing the Risks of Future Crisis &endash; Strengthening the Regulatory Framework. 20. What's Wrong with the IMF? What Would Be Better? A.H. Meltzer. 21. Containing the Risks of Future Crises: Strengthening the Regulatory Framework; T. de Swaan. 22. Banking Fragility, Effectiveness, and Regulation in Less-Developed Countries; G.J. Benston. 23. Comments on `What's Wrong with the IMF?' and `Containing the Risks'; A.K. Kashyap. 24. Commentary on `What's Wrong with the IMF?' and `Containing the Risks'; C.-J. Lindgren. Part VI: Early Warning Indicators, Transparency, and Market Response. 25. Improving Transparency in Asian Banking Systems; J.S. Fons. 26. Early Warning Indicators of Financial Crises; M. Goldstein. 27. The Asian Crises: A New Breed or Déjà Vu? G.L. Kaminsky. 28. The Inevitable Perils of a Precocious Giant; J.A. Wing. 29. Banks and the Asian Crisis; M. Mayer. 30. The Signals Approach to Early Warning of Currency Crisis: Does It Work and Is There a Better Way? A. Berg, C. Pattillo. 31. Will Greater Disclosure and Transparency Prevent the Next Banking Crisis? E. Rosengren. Part VII: Moral Hazard and the Role of International Rescue Programs. 32. Moral Hazard is Avoidable; C.W. Calomiris. 33. Moral Hazard; M. Mussa. 34. Moral Hazard and the Role of International Rescue Programs; P. Pou. 35. Moral Hazard and the Role of International Rescue Programs; H. Schieber. Part VIII: The Future Role of the International Monetary Fund in International Rescue Operations. 36. Bailing in the Private Sector; B. Eichengreen. 37. Does the IMF Have a Future? What Should It Be? R.E. Litan. 38. Comment on `Bailing in the Private Sector' and `Does the IMF Have a Future?' C.A.E. Goodhart. 39. Less is More in the New International Financial Architecture; R.S. Kroszner. 40. Assessing IMF's Crisis Prevention and Management Record; A.J. Schwartz. Part IX: Lessons from the Crisis for the International Financial System. 41. Lessons for the International Financial System; M. Guitián. 42. Lessons from the Crisis; E. Elizondo. 43. An Analysis of Financial Crisis: Lessons for the International Financial System; R. Portes. 44. Lessons from the Asian Crisis; E.M. Truman. 45. An Analysis of Financial Crisis; D. Villanueva. 46. Lessons from the Asian Crisis for the International Financial System; Y. Yoshimura. Part X: Summary. 47. Conferen
Autorenportrait
InhaltsangabeAcknowledgements. Preface. Part I: Opening Remarks. 1. The IMF and the Asian Crisis: A View from the Executive Board; K. Lissakers. 2. The Asian Financial Crisis; M.H. Moskow. Part II: Origins of the Asian Crisis. 3. What Caused the Recent Asian Currency Crisis? C. Burnside, et al. 4. Origins of the Crisis in Asia; M.P. Dooley. 5. Thoughts on the Origins of the Asian Crisis: Impulses and Propagation Mechanisms; R. Glick. 6. Origins of the Asian Crisis: Discussion; R. Chang. Part III: Causes and Implications of the Asian Crisis - The Role of the Financial Sector, Domestic Policies, and Contagion. 7. Precarious Credit Equilibria: Reflections on the Asian Financial Crisis; J.R. Bisignano. 8. Causes and Implications of the Asian Crisis: An Indonesian View; J.S. Djiwandono. 9. The Korean Banking Crisis: Picking up the Pieces; W.C. Hunter. 10. Asian Currency Crisis; D. Lachman. 11. Causes and Implications of the Asian Crisis; F. Larsen. 12. The Yen and Boom - Bust Cycle in East Asia; K. Ueda. 13. Causes and Implications of the Asian Crisis: The Role of Financial Sector, Domestic Policies, and Contagion; C. Wibulswasdi. Part IV: Response to the Crisis - Overview and Case Studies. 14. Asian Crisis: Causes and Remedies; B.B. Aghevli. 15. Korea's Financial Sector Reforms; S. Claessens, et al. 16. Whither Thailand; Y. Iwasaki. 17. Comment on `Asian Crisis: Causes and Remedies'; R.J. Herring. 18. The East Asian Financial Crisis: A Year Later; Yung Chul Park. 19. Removing Financial Bottlenecks to Labor Productivity in Thailand; R. Townsend. Part V: Containing the Risks of Future Crisis &endash; Strengthening the Regulatory Framework. 20. What's Wrong with the IMF? What Would Be Better? A.H. Meltzer. 21. Containing the Risks of Future Crises: Strengthening the Regulatory Framework; T. de Swaan. 22. Banking Fragility, Effectiveness, and Regulation in Less-Developed Countries; G.J. Benston. 23. Comments on `What's Wrong with the IMF?' and `Containing the Risks'; A.K. Kashyap. 24. Commentary on `What's Wrong with the IMF?' and `Containing the Risks'; C.-J. Lindgren. Part VI: Early Warning Indicators, Transparency, and Market Response. 25. Improving Transparency in Asian Banking Systems; J.S. Fons. 26. Early Warning Indicators of Financial Crises; M. Goldstein. 27. The Asian Crises: A New Breed or Déjà Vu? G.L. Kaminsky. 28. The Inevitable Perils of a Precocious Giant; J.A. Wing. 29. Banks and the Asian Crisis; M. Mayer. 30. The Signals Approach to Early Warning of Currency Crisis: Does It Work and Is There a Better Way? A. Berg, C. Pattillo. 31. Will Greater Disclosure and Transparency Prevent the Next Banking Crisis? E. Rosengren. Part VII: Moral Hazard and the Role of International Rescue Programs. 32. Moral Hazard is Avoidable; C.W. Calomiris. 33. Moral Hazard;