Product Description: Understanding twenty-first century global financial integration requires a two-part background.  The Handbook of Key Global Financial Markets, Institutions, and Infrastructure begins its description of how we created a financially-intergrated world by first examining the history of financial globalization, from Roman practices and Ottoman finance to Chinese standards, the beginnings of corporate practices, and the advent of efforts to safeguard financial stability...read more

This volume summarizes the key lessons of financial history for emerging market and developing economies, mostly drawn from when OECD economies themselves were industrializing and did not possess the checks, balances, and supervisory capabilities they have today. The topics include the role of central banks, debates on how to make banking secure and sound, the relative efficiency of universal banking (compared with the Anglo-American commercial banking model), and the role of savings banks, nonbanks, and securities markets in development.

Product Description: This volume addresses one of the most topical and controversial issues in banking and financial policy. It explains why governments have felt the need to liberalize banking and finance, for example, by privatizing banks and allowing interest rates to be set by the market...read more

'Analyzes the efficacy of attempts to recover from past crises and their lessons for the future, assesses the current state of international financial markets and examines policy options for reducing systemic vulnerability, and addresses pension system reform'--Provided by publisher.

'Focuses on the rationale and performance of state-owned financial institutions in emerging markets, as well as on possible government policies for either privatizing or managing them'--Provided by publisher.

Product Description: The dramatic events of the late 1990s brought the issue of financial sector policy in developing countries to the forefront. Much of the international community's policy focuses on financial sector reform including strengthening the prudential regulations and supervision of the financial system along with ensuring that finance can make its most important contribution to economic prosperity through market-driven allocation of investable resources...read more (view table of contents, read Amazon.com's description)

Product Description: With so much attention being paid to the international economic crises, the causes of these crises must be studied in detail. This book examines various problems such as unregulated, or poorly regulated, financial institutions; reforms launched without provisions for sound financial supervision; and regulators who have become poor and unfaithful agents for their principals (the taxpayers) and have, albeit unintentionally, exacerbated the frequency of banking crises...read more (view table of contents, read Amazon.com's description)

Product Description: This study, the first to look at the analytics of and experience with financial reform, examines a number of issues: the relationship between the financial and real sectors, and how this behavior can affect the economy at large; the process of reform and the sequencing of various elements, including in particular the timing of opening of the capital account; the impact of financial reforms on the efficiency with which capital is allocated...read more (view table of contents, read Amazon.com's description)

Product Description: The 12 papers in this book explore issues in building a financial structure suitable for economies in transition. They cover four main topics: the problem of old and new debts; the development of a sound and efficient payment system; the establishment of an appropriate financial structure; and the importance of credit in the development of the real economy...read more