Crisis Prevention and Prosperity Management for the World Economy

Crisis Prevention and Prosperity Management for the World Economy: Pragmatic Choices for International Financial Governance, Part I

Ralph C. Bryant
Copyright Date: 2004
Pages: 171
https://www.jstor.org/stable/10.7864/j.ctt127z9t
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  • Book Info
    Crisis Prevention and Prosperity Management for the World Economy
    Book Description:

    Turbulent Waters: Cross-Border Finance and International Governanceadvocates faster progress in reforming the international financial system. Its most important theme is the need for national governments and international organizations to upgrade their collective efforts at crisis prevention and prosperity management. The core of such efforts is the supranational surveillance of cross-border "traffic regulations" and the cooperative monitoring of nations' macroeconomic, exchange rate, and balance-of-payments policies. Concurrently, governments should streamline and strengthen the intermediation of intergovernmental lending for the liability financing of payments deficits through the International Monetary Fund. This essay gives detailed analysis supporting these conclusions and provides more technical discussion of the incremental policy measures needed to strengthen these collective efforts.

    eISBN: 978-0-8157-9757-9
    Subjects: Business, Economics

Table of Contents

  1. Front Matter
    (pp. i-iv)
  2. Table of Contents
    (pp. v-vi)
  3. Crisis Prevention and Prosperity Management for the World Economy
    (pp. 1-147)

    My recent book,Turbulent Waters: Cross-Border Finance and International Governance, advocates faster progress in strengthening the international financial system (sometimes referred to as architectural reform). Most important, that book urges national governments and international organizations to upgrade the supranational surveillance of cross-border traffic regulations and of nations’ macroeconomic, exchange rate, and balance-of-payments policies. Concurrently, they should streamline and strengthen intergovernmental lending intermediation for the liability financing of payments deficits.

    In addition to surveillance and lending intermediation,Turbulent Watersidentifies two other groups of reforms for enhancing the utilities infrastructure of the world financial system and strengthening the world economy. First,...

  4. Appendix Table. Distribution by Nation of Key Economic Variables, Levels, and Percent of World Total
    (pp. 148-153)
  5. References
    (pp. 154-164)
  6. Index
    (pp. 165-172)
  7. Back Matter
    (pp. 173-173)