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A Blueprint for Overcoming Systemic Risk
Reinventing Financial Regulation offers an analysis of the fundamental flaws that plague the current system of financial regulation, one built around ...
Analytical background -- Nature of systemic risk -- Who should be regulated (by whom) -- Counter-cyclical regulation -- Regulation of liquidity and ma...
And why Modern Financial Regulation in Developed Countries is Making Short-term Capital Flows to Developing Countries Even More Volatile
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Analytical Issues and Empirical Evidence
This paper discusses a "pure" form of financial contagion, unrelated to economic fundamentals - investors' shifting appetite for risk. It provides an ...
A Partnership Approach for the Development
Across the world, the cooperation of political parties to form governments has become more commonplace. In Europe, North and South America, Asia and A...