Toward a New International Financial Architecture: A Practical Post-Asia Agenda (Paperback)

~ Barry Eichengreen (Author) "International economic policymakers are currently confronted by two urgent problems..." (more)
Key Phrases: United States, Articles of Agreement, South Korean (more...)

Editorial Reviews

Review

" . . . a very useful book which provides a readable, balanced assessment of the recent Asian financial crisis . . . (the recommendations) appear to be influencing key poicymakers in governments and international financial institutions."(-David C. Cole, Asian-Pacific Economic Literature (13:2, November 1999).) -- (-David C. Cole, Asian-Pacific Economic Literature)

"The book is excellent, thorough, sensible, well-written, with a point of view . . . (It) will become a standard reference in the subject." -- John Lipsky, Chief Economist and Managing Director, Chase Manhattan Bank

"The definitive outside source on the G7/G22 initiatives, including a rapid-response evaluation of them and further proposals." -- Jeffrey A. Frankel, Council of Economic Advisers

Product Description

The Asian crisis and the global financial turmoil that followed it have highlighted the need to improve the way financial crises are averted and managed. This text provides a practical guide to reforming the international financial architecture. It suggests a number of limited reforms that could realistically be implemented in the short and medium run. The recommendations are based on the belief that financial markets can malfunction, creating a compelling case for a financial safety net, but at the same time creating problems of moral hazard that must be addressed.

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Product Details

• Paperback: 200 pages
• Publisher: Institute for International Economics (February 1, 1999)
• Language: English
• ISBN-10: 0881322709
• ISBN-13: 978-0881322705
• Product Dimensions: 8.9 x 5.9 x 0.4 inches
• Shipping Weight: 10.4 ounces (View shipping rates and policies)
• Average Customer Review: 4.0 out of 5 stars  See all reviews (1 customer review)
• Amazon.com Sales Rank: #1,210,726 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

7 of 7 people found the following review helpful:

4.0 out of 5 stars Another Triumph!, April 29, 2000

By A Customer

Eichengreen clearly demonstrates a comprehensive understanding of the international financial structure. He provides conservative and realistic criticisms for the reformation of the IMF. The Institute for International Economics should be proud of his nonpartisan attempt to quantify economic and financial theory into reliable, real life circumstances. This publication, like many other publications by the institute, is overtly academic and may not represent the best option for readers with no formal backqround in economics or finance. It is perhaps most relevant for government and corporate policy makers, academics, and those with a serious interest in international finance.