Finances et Developpement, Mars 2009

 
 
Publication Date: April 14, 2009
 
 
Summary: 'Crisis Stalls Globalization: Reshaping the World Economy' examines the multiple facets of the recession--from the impact on individual economies to the effect on the external accounts of the world’s lenders and borrowers--and offers a variety of suggestions for supporting a recovery and averting future crises. Several IMF studies shed light on the depth of the crisis--including a survey of the sharp drop in trade finance, along with quantitative findings about the direct and indirect costs of the financial turbulence--and debate what is to be done from several angles, including the redesign of the regulatory framework and ways to plug large data gaps to prevent future crises and aid in the creation of early warning systems. Opinion pieces discuss the shifting boundaries between the state and markets, the agenda for financial sector reform, and the governance of global financial markets. The issue also includes a historical perspective to see when restructuring the global financial architecture actually succeeds. 'People in Economics' profiles Nouriel Roubini; 'Back to Basics' looks at what makes a recession; and 'Data Spotlight' examines Latin America's debt.
 
Series: Finance & Development, Volume 46, No. 1
Subject(s): Finance and Development

Notes Quarterly issues from 1996 onward are available for free online
 
French
Publication Date: April 14, 2009
ISBN/ISSN: 9781451959703 Format: Paper
Stock No: MFIFA2009001 Pages: 75
Price:
US$10.00 (Academic Rate:
US$10.00 )
 
 
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