International Lending of Last Resort and Moral Hazard: A Model of IMF's Catalytic Finance [PDF]
It is often argued that the provision of liquidity by the international institutions such as the IMF to countries experiencing balance of payment problems can have catalytic effects on the behavior of international financial markets, i.e., it can reduce ...
Bernardo Guimaraes +2 more
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New financial order : recommendations by the Issing Committee ; preparing G-20 – Washington, November 15, 2008 [PDF]
Content New Financial Architecture (Short Version) 1. Purpose of the paper – causes of the crisis 2. Recommendations 2.1. Incentives 2.2. Transparency 2.3. Regulation and Supervision 2.4. International Institutions 3.
Asmussen, Jörg +5 more
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De‐Dollarization Is a Plausible Outcome of the New Washington Consensus
ABSTRACT A trend towards de‐dollarization of the global economy in which the US dollar ceases to be used as the world's reserve currency for international transactions confronts some of the existing structures of international economic law, built upon the rules set out by US‐led organizations like the WTO, the IMF, and the World Bank. This article will
David Collins
wiley +1 more source
Integrating Reform of Financial Regulation with Reform of the International Monetary System [PDF]
This paper links reform of the international financial regulatory system with reform of the international monetary system because as this recent global crisis demonstrates so vividly, the root causes can come from both the financial and monetary spheres ...
Morris Goldstein
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The Need and Scope for Strengthening Co-operation between Regional Financing Arrangements and the IMF [PDF]
This article makes the case for strengthening co-operation between regional financing arrangements (RFAs) and the International Monetary Fund (IMF), and examines ways to do so.
Volz, Ulrich
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ABSTRACT As far as international economic law (IEL) is concerned, the ‘Washington Consensus’ generally refers to the World Bank and the International Monetary Fund (IMF)'s development finance policies and tools. It covers their application to their clients and borrowers with the support of Western governments. This acceptation is of particular interest
Leïla Choukroune
wiley +1 more source
New financial order : recommendations by the Issing Committee ; preparing G-20 – London, April 2, 2009 [PDF]
Content A. EXECUTIVE SUMMARY, INCLUDING MAJOR RECOMMENDATIONS B. COMPLETE REPORT 1. INTRODUCTION 2. RISK MAP 2.1 Why a Risk Map is needed, and for what purpose 2.1.1 Creating a unified data base 2.1.2 Assessing systemic risk 2.1.3 Allowing for ...
Asmussen, Jörg +5 more
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South Africa: The Ambiguities of a Middle Power
ABSTRACT South Africa represents an interesting species of a middle power. This derives from its inherited economic muscle as Africa's powerhouse and the liberation struggle against apartheid, both of which have shaped its democratic transition. The traditions of liberation and democracy, in turn, have profoundly influenced how South Africa has ...
Garth L. le Pere
wiley +1 more source
International Coercion, Emulation and Policy Diffusion: Market-Oriented Infrastructure Reforms, 1977-1999 [PDF]
Why do some countries adopt market-oriented reforms such as deregulation, privatization and liberalization of competition in their infrastructure industries while others do not? Why did the pace of adoption accelerate in the 1990s?
Bennet A. Zelner +2 more
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Abstract Background and aims Nitazenes are a novel subclass of synthetic opioids that have been increasingly implicated in the United States (US) overdose crisis. Despite their growing presence in the illicit drug supply, national trends have not been systematically evaluated.
David T. Zhu +3 more
wiley +1 more source

