Sector exterior español

Designing financial systems in transition economies

strategies for reform in Central and Eastern Europe

This collection examines the design of financial systems for central and eastern European countries engaged in the transition to market-based economies. It highlights the need for better approaches to measuring performance and providing incentives in banking and for financial mechanisms to encourage private-sector growth. Written ...

Financial markets, money and the real world

The author highlights the central role that domestic and international financial markets play in determining the economic growth rate, unemployment rate and international payments position of capitalist economics. He explains why the primary function of financial markets is to create liquidity and demonstrates that a ...

Capital flows without crisis?

reconciling capital mobility and economic stability

Práctica y normalizacion del sistema y los medios de pago

Financial structure and economic growth

a cross-country comparison of banks, markets, and development

This is the first broad cross-country assessment of the ties between financial structure -- the mix of financial instruments, institutions, and markets in a given economy -- and economic growth since Raymond Goldsmith's 1969 landmark study. Most studies focus on developed countries and compare bank-based and ...

Structure and agency in international capital mobility

This book highlights the importance of mobile resources as a feature of globalization, and challenges the received wisdom about the causes and effects of international capital mobility. From a world concerned with strategic weapons and the risks of mutual annihilation, a new world order is ...

Offshore financial centers, accounting services and the global economy

The new global climate of free enterprise has brought with it a proliferation of offshore financial centers that presumably have important roles to play in the emergent global economy. The air of secrecy that appears to pervade the activities of offshore financial centers may well ...

Money, inflation, and capital formation

an analysis ot the long run from the perspective of overlapping generations models

Gestión de riesgos financieros

un enfoque práctico para países latinoamericanos

ORGANISMES FINANCIERS INTERNATIONAUX, INSTRUMENTS DE L'ECONOMIE POLITIQUE LIBERALE (LES).

Los poderes de supervisión bancaria en el Sistema Federal Normteamericano

Premodern financial systems

a historical comparative study

Can "it" happen again?

essays on instability and finance

Hyman Minsky, who died more than a decade ago, spent much of his career advancing the idea that financial systems are inherently susceptible to bouts of speculation that, if they last long enough, end in crises. At a time when many economists were coming to ...