An in-depth comparison of the institutions and processes that formulate domestic and external monetary policy in the US, Germany, and Japan. Outlines the differences in policymaking among the three co
This study examines the case for and against regional financial arrangements in East Asia, focusing on the Chiang Mai Initiative (CMI). The study describes the main elements of the CMI, compares it to
Tangled Governance addresses the institutions that were deployed to fight the euro crisis, re-establish financial stability, and prevent contagion beyond Europe. The author addresses why European lead
Bergsten (Peterson Institute for International Economics) and Henning (international economic relations, American U., and Peterson Institute) collect 11 essays in honor of international economist John
The decline of the dollar, the Mexican crisis, and sluggish global growth reveal the failure of the Group of Seven industrial nations to provide effective management of the world economy. The G-7 once
The effective governance of global money and finance is under enormous stress. Deep changes over the last decade in capital markets, exchange rate systems, and government finances suggest dramatic shi
