International Capital Markets: Systems in Transition

This title is comprised of 19 commissioned articles which are mainly focused on the timely global issues of volatility in equity and foreign exchange markets and the regulatory scene in developed and emerging markets. The papers provide a cutting-edge overview of general issues regarding world capital markets, experience in developing countries, and capital market regulation, which many economists believe could turn into the number one topic in international business and economics very soon. The articles were financed with grants from the Ford Foundation to New School University and the University of Cambridge. These subjects are important to professionals in the banking/financial services sectors, regulators and policy makers at the government level, think tanks, and graduate level college courses in international financial markets and international economics. Contributors to this volume - Robert Blecker, American University, Washington, United States Thorsten Black, New School University, New York, United States Ha-Joon Chang, University of Cambridge, Cambridge, United Kingdom Jane D'Arista, Financial Markets Centre, Philomont, Virginia, United States Randall Dodd, Derivatives Study Centre, Washington, United States John Eatwell, University of Cambridge, Cambridge, United Kingdom Roberto Frenkel, Centre for the Study of the State and Society, Buenos Aires, Argentina Eric Helleiner, Trent University, Peterborough, Ontario, Canada Jeff Madrick, Challenge magazine, New York, United States Deepak Nayyar, Jawahrlal University, New Delhi, India Salih Nefci, New School University, New York, United States Jose Antonio Ocampo, United Nations Economic Commission on Latin America and the Caribbean, Santiago, Chile Gabrial Palma, University of Cambridge, Cambridge, United Kingdom Ajit Sing, University of Cambridge, Cambridge, United Kingdom Lance Taylor, New School University, New York, United States Philip Turner, Bank for International Settlements, Basle, Switzerland Chul-Gyne Yoo, Seong Gong Hoe University, Seoul, Korea