E-Book Bibliography Part 2

Private Capital and Development: Challenges Facing International Financial Institutions in a Globalized Economy

1. What Does "Globalization" Mean?
2. International Capital Markets and Their Importance
3. Development, The IMF, and Institutional Investors: The Mexican Financial Crisis
4. The Promises and Perils of Globalization: The Asian Financial Crisis
5. Coping With Private Capital Markets
6. 1998/1999 Update: The Asian Crisis Goes Global

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Part 3-I: What Does Globalization Mean?

Books

1. Economic Globalization and Fiscal Policy (Iraj Abedian & Michael Biggs eds., 1998).
2. Arjun Appadurai, Modernity at Large: Cultural Dimensions of Globalization (3d prtg. 1997).
3. Barrie Axford, The Global System: Economics, Politics and Culture (1995).
4. Roland Axtmann, Liberal Democracy into the Twenty-first Century: Globalization, Integration and the Nation-State (1996).
5. Globalization, Communication and Transnational Civil Society (Sandra Braman & Annabelle Sreberny-Mohammadi eds., 1996).
6. Economic Integration in the Western Hemisphere (Roberto Bouzas & Jaime Ros eds., 1994).
7. John O. Browder and Brian J. Godfrey, Rainforest Cities: Urbanization, Development, and Globalization of the Brazilian Amazon (1997).
8. Globalization of Capital Markets (Dennis Campbell ed., 1996).
9. Ian Clark, Globalization and Fragmentation: International Relations in the Twentieth Century (1997).
10. Spaces of Globalization: Reasserting the Power of the Local (Kevin R. Cox ed., 1997).
11. Universities and Globalization: Critical Perspectives (Jan Currie & Janice Newson eds., 1998).
12. Articulating the Global and the Local: Globalization and Cultural Studies (Ann Cvetkovich & Douglas Kellner eds., 1997).
13. Thomas Donaldson, The Ethics of International Business (Ruffin Series in Business Ethics, 1989).
14. Governments, Globalization, and International Business (John H. Dunning ed., 1997).
15. Living the Global City: Globalization as a Local Process (John Eade ed., 1997). Daniel Judah Elazar, Constitutionalizing Globalization: The Postmodern Revival of Confederal Arrangements (1998).
16. Werner J. Feld, Multinational Corporations and U.N. Politics: The Quest for Codes of Conduct (1980).
17. Peter Golding & Phil Harris, Beyond Cultural Imperialism: Globalization, Communication and the New International Order (1997).
18. Gloria M. Grandolini, El Salvador: Meeting the Challenge of Globalization (1996).
19. Ethno-Nationalism, Multinational Corporations, and the Modern State (Ronald M. Grant & E. Spencer Wellhofer eds., 1979).
20. Stephany Griffith-Jones, The East Asian Financial Crisis: A Reflection on its Causes, Consequences and Policy Implications (1998).
21. Andrew Herod et al., An Unruly World?: Globalization, Governance, and Geography (1998).
22. Robert J. Holton, Globalization and the Nation-State (1998).
23. Ankie M. M. Hoogvelt, Globalization and the Postcolonial World: The New Political Economy of Development (1997).
24. The Cultures of Globalization (Fredric Jameson & Masao Miyoshi eds., 1998).
25. Globalization and Decentralization: Institutional Contexts, Policy Issues, and Intergovernmental Relations in Japan and the United States (Jong S. Jun & Deil S. Wright eds., 1996).
26. The Challenge of Globalization and Institution Building: Lessons from Small European States (Randall W. Kindley & David F. Good eds., 1997).
27. Culture, Globalization, and the World-system: Contemporary Conditions for the Representation of Identity (Anthony D. King ed., 1997).
28. Globalization and Neoliberalism: The Caribbean Context (Thomas Klak ed., 1998).
29. Riva Krut, Globalization and Civil Society: NGO Influence in International Decision-making (1997).
30. Reconstructing Urban Regime Theory: Regulating Urban Politics in a Global Economy (Mickey Lauria ed., 1997).
31. Mark Lewis et al., The Growth of Nations: Culture, Competitiveness, and the Problem of Globalization (1996).
32. Globalization and the Rural Poor in Latin America (William M. Loker ed., 1999). Harry Magdoff, Globalization, to What End? (1992).
33. Priyatosh Maitra, The Globalization of Capitalism in Third World Countries (1996).
34. Niall Maiury, Markets & Globalization: Towards Framing Economic Action and the Space-Economy (1997).
35. Arjun Makhijani, From Global Capitalism to Economic Justice: An Inquiry into the Elimination of Systemic Poverty, Violence and Environmental Destruction in the World Economy (1992).
36. Michael J. Marquardt, The Global Advantage: How World-Class Organizations Improve Performance Through Globalization (1999).
37. Jan Mazurek, Making Microchips: Policy, Globalization, and Economic Restructuring in the Semiconductor Industry (1999).
38. Kidane Mengisteab, Globalization and Autocentricity in Africa's Development in the 21st Century (1996).
39. Globalization, Growth, and Governance: Creating an Innovative Economy (Jonathan Michie & John Grieve Smith eds., 1998).
40. Globalization: Critical Reflections (James H. Mittelman ed., 1996).
41. Gunnar Myrdal, An International Economy: Problems and Prospects (1956).
42. Globalization and the Evolving World Society (Proshanta K. Nandi & Shahid M. Shahidullah eds., 1998).
43. Globalization, Privatization and Free Market Economy (C.P. Rao ed., 1998).
44. Stephen H. Rhinesmith, A Manager's Guide to Globalization: Six Keys to Success in a Changing World (1993).
45. Dani Rodrik, Has Globalization Gone Too Far? (1997).
46. The Legacy of the Disinherited: Popular Culture in Latin America: Modernity, Globalization, Hybridity and Authenticity (Ton Salman ed., 1996).
47. Saskia Sassen, Globalization and Its Discontents (1998).
48. Saskia Sassen, Losing Control?: Sovereignty in an Age of Globalization (1996). Robert K. Schaeffer, Understanding Globalization: The Social Consequences of
49. Political, Economic, and Environmental Change (1997).
50. The Limits of Globalization: Cases and Arguments (Alan Scott ed., 1997).
51. John L. Seitz, The Politics of Development: An Introduction to Global Issues (1988).
52. Leslie Sklair, Sociology of the Global System (2d ed. 1995).
53. Matthew J. Slaughter & Phillip Swagel, Does Globalization Lower Wages and Export Jobs? (IMF Economic Issues No. 11 (1997).
54. George Soros, Soros On Soros: Staying Ahead of the Curve (1995).
55. Raymond Vernon, Sovereignty at Bay: The Multinational Spread of U.S. Enterprises (1971).
56. Michael Veseth, Selling Globalization: The Myth of the Global Economy (1998).
57. Immanuel Wallerstein, Geopolitics and Geoculture: Essays on the Changing World System (1991).
58. Malcolm Waters, Globalization (1995).
59. Jarrod Wiener, Globalization and the Harmonization of Law (1999).
60. Steven Yearley, Sociology, Environmentalism, Globalization: Reinventing the Globe (1996).

Articles, Reports, and Proceedings

1. Arjun Appadurai, The Global Cultural Economy, in Colonial Discourse and Post-Colonial Theory: A Reader 324 (Patrick Williams & Laura Chrisman eds., 1994).
2. Joshua Fishman, The New Linguistic Order, Foreign Pol'y, Winter 1998-99, at 26.
3. Hector Fix-Fierro & Sergio Lopen-Ayllon, The Impact of Globalization on the Reform of the State and the Law in Latin America, 19 Hous. J. Int'l L. 785 (1997).
4. South Africa and the Non-aligned Movement in Era of Regionalisation and Globalization: Proceedings of a Preparatory Workshop Jointly Organised by the Foundation for Global Dialogue and the South African Department of Foreign Affairs, Pretoria, 29-30 April 1998 (Pieter Fourie & Riaan De Villiers eds., 1998).
5. Anthony Giddens, The Consequences of Modernity, in Colonial Discourse and Post-Colonial Theory: A Reader 181 (Patrick Williams & Laura Chrisman eds., 1994).
6. Mario Giovandi, Virtual Money and the Global Financial Market: Challenges for Lawyers, Y.B. Int'l Fin. & Econ. L. 1996, at 3 (Joseph J. Norton ed., 1998).
7. William Greider, One World Ready or Not, Rolling Stone, Feb. 6, 1997, at 37.
8. International Monetary Fund, Annual Report 1997 (1997).
9. International Monetary Fund, Globalization in Historical Perspective, in World Economic Outlook 1997: Annex (1997).
10. Ana Julia Jatar-Hausmann, What Russia Can Learn from Cuba, Foreign Pol'y, Winter 1998-99, at 87.
11. Jessica T. Matthews, The Rise of Global Civil Society, Foreign Aff., Jan. 1997, at 50.
12. Michael O'Hanlon, Can High Technology Bring U.S. Troops Home?, Foreign Pol'y, Winter 1998-99, at 72.
13. Wolfgang H. Reinicke, Global Public Policy, Foreign Aff., Nov./Dec. 1997, at 127.
14. Jeffrey Sachs, International Economics: Unlocking the Mysteries of Globalization, Foreign Pol'y, Spring 1998, at 97.
15. Susan S. Silbey, "Let Them Eat Cake": Globalization, Postmodern Colonialism, and the Possibilities of Justice, 31 L. & Soc'y Rev. 207 (1997).
16. Anne-Marie Slaughter, The Real New World Order, Foreign Aff., Sept. 1997, at 183.
17. Claude Smadja, The End of Complacency, Foreign Pol'y, Winter 1998-99, at 67.
18. George Soros, Capitalism's Last Chance?, Foreign Pol'y, Winter 1998-99, at 55.
19. George Soros, The Capitalist Threat, Atlantic Monthly, Feb. 1997, at 45.
20. George Soros, The Crisis of Global Capitalism, Wall St. J., Sept. 15, 1998, at A22.
21. John Stopford, Multinational Corporations, Foreign Pol'y, Winter 1998-99, at 12. Symposium: The Globalization of Law, Politics, and Markets: Implications for Domestic Law Reform, 1 Ind. J. Global Legal Stud. (1993).
22. Niels Thygesen et al., Globalization and Trilateral Labor Markets: Evidence and Implications; a Report to the Trilateral Commission (1996).
23. Robert Wade, The Fight over Capital Flows, Foreign Pol'y, Winter 1998-99, at 41.
24. The World Bank, World Development Report 1997: The State in a Changing World (1997).
25. The World Bank, World Economic Outlook, May 112 (1997).

Websites

1. Gary Arnold, Gary Arnold's Home Page: The Titanic Resource (last modified Feb. 11, 1998) <http://www.ilap.com/garnold/titanic.htm>.
2. R.F.M. Lubbers, The Globalization of Economy and Society (last modified Dec. 10, 1996) <http://www.globalize.org/globview.htm>.
3. R.F.M. Lubbers, Globalization: An Exploration (visited Jul. 23, 1997) <http:// www.globalize.org/review.htm>.
4. Public Citizen Global Trade Watch (last modified Mar. 26, 1999) <http:// www.citizen.org/pctrade/tradehome.html>.

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Part 3-II: National Capital Markets & Their Importance

CAPITAL MARKETS & INVESTMENT

Books

1. Zui Bodie, et al., Essentials of Investments (2nd ed., 1995).
2. Globalization of Capital Markets (Dennis Campbell. ed., 1996).
3. Capital Markets Handbook (Bruce S. Foerster ed., 1999).
4. David Folkerts-Landau et al., International Monetary Fund, International Capital Markets: Developments, Prospects, and Policy Issues (1995).
5. International Monetary Fund, International Capital Markets: Developments, Prospects, and Key Policy Issues (1996).
6. Capital Flows and Financial Crises (Miles Kattler ed., 1998).
7. Joseph LaPalombara & Stephen Blank, Multinational Corporations and Developing Countries (1979).
8. Miles Livingston, Money and Capital Markets (1996).
9. Capital Markets (Joel Trachtman & Promodh Malhotra eds., 1995).

Journals & Articles

1. Enrique R. Carrasco & Randall Thomas, Encouraging Relational Investment and Controlling Portfolio Investment in Developing Countries in the Aftermath of the Mexican Financial Crisis, 34 Col. J. Transnat'l L. 539 (1996).
2. Andrew T. Guzman, Capital Market Regulation in Developing Countries: A Proposal 39 Va. J. Int'l L. 607 (1999).
3. International Monetary Fund, International Capital Markets: Developments, Prospects, and Policy Issues, World Economic & Financial Surveys 165 (1995).
4. Haim Levy & Marshall Sarnet, International Portfolio Diversification, in Managing Foreign Exchange Risk: Essays Commissioned in Honor of the Centenary of the Wharton School, University of Pennsylvania (Richard J. Herring, ed. 1983).
5. Marc I. Steinberg, Emerging Capital Markets: Proposals and Recommendations for Implementation, 30 Int'l Lawyer 715 (1996).
6. Symposium: Changing Capital Markets: Implications for Monetary Policy, A Symposium Sponsored by the Federal Reserve Bank of Kansas City, August 19-21, 1993.
7. Linda L. Tesar & Ingrid M. Werner, The Internationalization of Securities Markets since the 1987 Crash, in Brookings-Wharton: Papers on Financial Services 239 (Robert E. Litan & Anthony M. Santomero eds., 1998).
8. Carlos Marcelo Villegas, Debt Securities Offerings by Argentine Companies, in Globalization of Capital Markets 175 (Dennis Campbell, ed., 1996).

Websites

1. American Association of Individual Investors (last modified Mar., 1999) <http://www.aaii.com/invbas/>.
2. National Institute for Consumer Education, Eastern Michigan University, The Basics of Saving and Investing, A Teaching Guide (last modified Oct. 12, 1998) <http://www.investor.nasd.com/ni_module_menu.html>.

ECONOMICS & INTERNATIONAL FINANCE

Books

1. Rudiger Dornbusch, Dollars, Debts, and Deficits (1986).
2. Herbert G. Grubel, Ph.D., International Economics (rev. ed. 1981).
3. Paul Krugman & Maurice Obstfeld, International Economics: Theory and Policy (3d ed. 1994).
4. Frederic Mishkin, The Economics of Money, Banking and Financial Markets (4th ed. 1995).
5. John Charles Pool et al., The ABCs of International Finance (2d ed. 1991).

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Part 3-III: Development, the IMF, & Institutional Investors

DEVELOPMENT

Books

1. Shahid Javid Burki, Latin American After Mexico: Quickening thePace (1996).
2. Lost Promises: Debt, Austerity, and Development in Latin America (William L. Canak ed., 1989).
3. David Colman & Frederick Nixson, Economics of Change in Less Developed Countries (3d ed. 1994).
4. Barry Eichengreen et al., Crisis? What Crisis? Orderly Workouts for Sovereign Debtors (1995).
5. David H. Lempert et al., A Model Development Plan: New Strategies and Perspectives (1995).
6. Cynthia Lichtenstein, The Mexican Crisis: Who Should Be a Country's Lender of Last Resort, 18 Fordham Int'l L.J. 1769 (1995).

Articles & Papers

1. Werner Baer & William Maloney, Neoliberalism and Income Distribution in Latin America, 25 World Dev. 311 (1997).
2. Richard Cleroux, US and Europe Paper over G7's $50 Billion Mexico Rift,
3. The Times (London), Feb. 6, 1995, available in 1995 WL 7646059.

Websites

1. International Capital Markets Charting a Steadier Course, IMF Survey (visited Sept. 11, 1999) <http://www.imf.org/external/pubs/ft/survey/pdf/092396a.pdf>.
2. G7 Summit 1995: Communique, Meeting the Challenges of the 21st Century (Draft, last modified May 22, 1995) <http://utl1.library.utoronto.ca/disk1/www/documents/g7/95chal.htm>.

ECONOMICS

1. Manuel R. Agosin & Ricardo Ffrench-Davis, Managing Capital Inflows, in Latin America in The Tobin Tax: Coping with Financial Volatility 161 (Mahbub ul Haq et al. eds., 1996).
2. David Folkerts-Landau et al., International Monetary Fund, International Capital Markets: Developments, Prospects, and Policy Issues (1995).
3. Frederic S. Mishkin, The Economics of Money, Banking and Financial Markets (4th ed. 1995).
4. OECD, OECD Economic Surveys: Mexico 1995 (1995).

IMF

1. Michel Camdessus, The IMF and the Challenges of Globalization: The Fund's Evolving Approach to its Constant Mission: The Case of Mexico (visited Sept. 11, 1999) <http://www.imf.org/external/np/sec/mds/1995/MDS9517.HTM>.
2. Franhois Gianviti, The IMF and the Liberalization of Capital Markets, 19 Hous. J. Int'l L. 773 (1997).
3. Paul Krugman, Currency Crises, (visited Sept. 11, 1999) <http://web.mit.edu/krugman/www/crises.html>.

INTERNATIONAL FINANCE

1. Michel Camdessus, Global Capital Flows: Raising the Returns and Reducing the Risks, (visited Sept. 11, 1999) <http://www.lawac.org/camd.HTML>.
2. Globalization of Capital Markets (Dennis Campbell ed., 1996).
3. Priyatosh Maitra, The Globalization of Capitalism in Third World Countries (1996).

MEXICAN DEBT CRISIS

Books

1. Jorge Casteneda, The Mexican Shock: Its Meaning for the U.S. (1995). Banking Soundness and Monetary Policy: Issues and Experiences in the Global Economy (Chares Enoch & John H. Green eds., 1997).
2. Valeriano F. Garcia, Black December: Banking Instability, the Mexican Crisis, and its Effect on Argentina (1997).
3. Capital Flows and Financial Crises (Miles Kattler ed., 1998).
4. Latin American Debt in the 1990s: Lessons from the Past and Forecasts for the Future (Scott B. MacDonald et al. eds., 1991).

Articles & Reports

1. Enrique R. Carrasco & Randall Thomas, Encouraging Relational Investment and Controlling Portfolio Investment in Developing Countries in the Aftermath of the Mexican Financial Crisis, 34 Colum. J. Transnat'l L. 539 (1996).
2. Guillermo Emiliano Del Toro, Foreign Direct Investment in Mexico and the 1994 Crisis: A Legal Perspective, 20 Hous. J. Int'l L. 1 (1997).
3. General Accounting Office Report: Mexico's Financial Crisis: Origins, Awareness, Assistance, and Initial Efforts to Recover, Chapter Report, Feb. 23, 1996, GAO/GGD-96-56.
4. George Graham et al., Mexican Rescue: Bitter Legacy of Battle to Bail Out Mexico, Fin. Times, Feb. 16, 1995, available in LEXIS, News Library, Financial Times File.
5. Int'l Monetary Fund, International Capital Markets: Developments, Prospects, and Policy Issues, World Economic & Financial Surveys, 24 IMF Surv. 165 (1995).
6. Int'l Monetary Fund, Private Capital Plays Key Role in Stimulating Development, 24 IMF Surv. 339 (1996).
7. William A. Lovett, Lessons from the Recent Peso Crisis in Mexico, 4 Tul. J. Int'l & Comp. L. 143 (1996).
8. James Tobin, Financial Globalization: Can National Currencies Survive?, in Annual World Bank Conference on Development Economics 1998 63 (Boris Pleskovic & Joseph E. Stiglitz eds., 1999).

Websites

1. Andrew Atkeson & José-Víctor Ríos-Rull, The Balance of Payments and Borrowing Constraints: An Alternative View of the Mexican Crisis, Fed. Res. Bnk. of Minneapolis (1996) (last modified Sept. 1, 1999) <http://research.mpls.frb.fed.us/research/sr/sr212.html>.
2. Michel Camdessus, Global Capital Flows: Raising the Returns and Reducing the Risks (last modified June 17, 1997) <http://www.imf.org/external/np\sec\mds\1997\MDS9709.htm>.
3. Jeffrey A. Frankel & Sergio L. Schmukler, Country Fund Discounts and the Mexican Crisis of December 1994: Did Local Residents Turn Pessimistic before International Investors?, Fed. Res. Bd. (1996) (last modified July 20, 1999) <http://www.bog.frb.fed.us/pubs/ifdp/1996/563/default.htm>.
4. Bradford de Long et al., The Mexican Peso Crisis: In Defense of U.S. Policy Toward Mexico (last modified Feb. 21, 1996) <http://econ161.berkeley.edu/Econ_Articles/themexicanpesocrisis.html>.
5. International Monetary Fund, IMF Surv., vol. 27, Supplement on the IMF (visited Jul. 11, 1998) <http://www.imf.org/external/pubs/ft/survey/sup0998/contents.htm>.
6. Daniel D. E. Rounds, The Mexican Peso Crisis: A World Systems Perspective (last modified Aug. 23, 1996) <http://psirus.sfsu.edu/IntRel/IRJournal/su96/Rounds.html>.
7. Roberto Salinas-León, The Mexican Peso Crisis: Comment on Meigs, 17 Cato J. 1, also at (visited Sept. 11, 1999) <http://www.cato.org/pubs/journal/cj17n1-5.html>.
8. Lessons From Mexico (visited Jul. 16, 1997) <http://www.imf.org/external pubs/ft/pam/pam50/pam5003.htm>.

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Part 3-IV: The Promises and Perils of Globalization: The Asian Financial Crisis

Books

1. Iraj Abedian, Economic Globalization and Fiscal Policy (1998).
2. Governments, Globalization, and International Business (John H. Dunning ed., 1997)
3. Banking Soundness and Monetary Policy: Issues and Experiences in the Global Economy (Chares Enoch & John H. Green eds., 1997).
4. Financial Deregulation and Integration in East Asia (Takatoshi Ito & Anne O. Krueger eds., 1996).
5. Capital Flows and Financial Crises (Miles Kattler ed., 1998).
6. Louis W. Pauly, Who Elected the Bankers? Surveillance and Control in the World Economy (1997).
7. Globalization, Privatization and Free Market Economy (C.P. Rao ed., 1998).
8. Dani Rodrik, Has Globalization Gone too Far? (1997).
9. Saskia Sassen, Globalization and its Discontents (1998).

Articles, Speeches, Reports & Documents

1. Michel Camdessus, Navigating Stormy Waters: Five Addresses by Michel Camdessus (1998).
2. Stephen J. Choi & Andrew T. Guzman, National Laws, International Money: Regulation in a Global Capital Market, 65 Fordham L. Rev. 1855 (1997).
3. Asli Demirgüç-Kunt & Enrica Detragiache, Financial Liberalization and Financial Fragility in Annual World Bank Conference on Development Economics 1998 303 (Boris Pleskovic & Joseph E. Stiglitz eds., 1999).
4. Martin S. Feldstein, Refocusing the IMF, 77 Foreign Aff. 20 (Mar./Apr. 1998).
5. Steven Radelet & Jeffrey Sachs, Asia's Reemergence, Foreign Aff., Nov./Dec. 1997, at 44.
6. Francois Gianviti, The IMF and the Liberalization of Capital Markets, 19 Hous. J. Int'l L. 773 (1997).
7. Bruse Greenwald, International Adjustment in the Face of Imperfect Financial Markets in, Annual World Bank Conference on Development Economics 273 (Boris Pleskovic & Joseph E. Stiglitz eds., 1999).
8. Diana I. Gregg, ADB Sees Gradual Recovering in Asia, 16 BNA Int'l Trade Rep. 722 (1999).
9. Jason Gutierrez, IMF Warns Philippines on Protectionist Measures, 16 BNA Int'l Trade Rep. 683 (1999).
10. Inst. Of Int'l Fin., Capital Flows to Emerging Market Economies (Jan. 29, 1998).
11. International Monetary Fund, Annual Report 1997 (1997).
12. Bruce Knecht, How the IMF Cured Manila, Wall St. J., Dec. 22, 1997 at A14.
13. Suzanne Manning & Eileen Canning, Hedge Funds: Report Recommends Public Disclosure, More Authority for SEC, CFTC, Treasury, 31 BNA Sec. Reg. & L. Rep. 557 (1999).
14. Private Capital Plays Key Role in Stimulating Development, IMF Survey, Oct. 14, 1996, at 339.
15. Daniel Pruzin, FDI in Asian Developing Countries Has Proved Resilient, UNCTAD Reports, 16 BNA Int'l Trade Rep. 744 (1999).
16. David E. Sanger, I.M.F. Reports Plan Backfired, Worsening Indonesian Woes, N.Y. Times, Jan. 14, 1998, at A1.
17. George Soros, Capitalism's Last Chance?, Foreign Pol'y, Winter 1998-99, at 55.
18. Robert Wade, The Fight Over Capital Flows, Foreign Pol'y, Winter 1998-99, at 41.
19. Vincent A. Warther, Has the Rise of Mutual Funds Increased Market Instability?, in Brookings-Wharton: Papers on Financial Services 239 (Robert E. Litan & Anthony M. Santomero eds., 1998).
20. James D. Wolfensohn, The Other Crisis, Address to the Board of Governors, Washington, D.C. (Oct. 6, 1998).
21. The World Bank, The World Bank Annual Report 1997 (1997).

Websites

1. Michel Camdessus, Global Capital Flows: Raising the Returns and Reducing the Risks (last modified June 17, 1997) <http://www.imf.org/external/np\sec\mds\1997\MDS9709.HTM>.
2. Michel Camdessus, Statement by the Managing Director on the IMF Program with Indonesia (last modified Jan. 15, 1998) <http://www.imf.org/external/np/sec/nb/1998/nb9802.HTM>.
3. The Exchange Rates Currency Calculator (last modified Apr. 1, 1999) <http://www.x-rates.com/calculator.html>.
4. Stanley Fischer, The Asian Crisis: A View from the IMF (last modified Jan. 22, 1998) <http://www.imf.org/external/np/speeches/1998/012298.htm>.
5. Harvard Institute for International Development, Asian Financial Crisis (a depository for information about the Asian Financial Crisis) (visited Sept. 11, 1999) <http://www.hiid.harvard.edu/pub/other/asiacrisis.html>.
6. Int'l Monetary Fund, IMF Approves SDR 15.5 Billion Stand-by Credit for Korea (last modified Dec. 4, 1997) <http://www.imf.org/external/np/sec/pr/1997/pr9755.htm>.
7. Int'l Monetary Fund, Republic of Korea, IMF Stand-by Arrangement, Summary of the Economic Program (Dec. 5, 1997) <http://www.imf.org/external/np/oth/korea.htm>.
8. Nicholas D. Kristof, Crisis Pushing Asian Capitalism Closer to U.S-Style Free Market (last modified Jan. 17, 1998) <http://www.nytimes.com/library/financial/011798asia-capitalism.html>.
9. Paul Krugman, Will Asia Bounce Back? (last modified Mar. 1998) <http://web.mit.edu/krugman/www/suisse.html>.
10. Lessons From Mexico for IMF Surveillance and Financing (visited Sept. 11, 1999) <http://www.imf.org/externalpubs/ft/pam/pam50/pam5003.htm>.
11. Robert E. Litan, Policy Brief #30, A Three-Step Remedy for Asia's Financial Flu (last modified Feb. 1998) <http://www.brook.edu/comm/policybriefs/pb030/pb30.htm>.
12. R.F.M. Lubbers, The Globalization of Economy and Society (last modified Feb. 22, 1999) <http://www.globalize.org/publications/globview.html>.
13. John H. Makin, The Painful Death of the Japanese Model (last modified Jan. 23, 1998) <http://www.aei.org/eo/eo8666.htm>.
14. Marcus Noland, The Financial Crisis in Asia (last modified Feb. 3, 1998) <http://www.iie.com/TESTMONY/jmn2-3.htm>.
15. Adam S. Posen, Fear of Finance and Global Realities (last modified Nov. 19, 1997) <http://www.iie.com/TESTMONY/fearfin1.htm>.
16. Nouriel Roubini, Chronology of the Asian Currency Crisis and Its Global Contagion (visited Sept. 11, 1999) <http://www.stern.nyu.edu/~nroubini/asia/AsiaChronology1.html>.
17. Nouriel Roubini, What Caused Asia's Economic and Currency Crisis and Its Global Contagion? (visited Sept. 11, 1999) <http://www.stern.nyu.edu/~nroubini/asia/AsiaHomepage.html>.
18. Kurt Schuler, Stabilizing the Indonesian Rupiah Through a Currency Board (last modified Jan. 1998) <http://users.erols.com/kurrency/indocybd.htm>.

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Part 3-V: Coping with Private Markets

Books

1. Barry Eichengreen, Capital Account Liberalization: Theoretical and Practical Aspects (1998).
2. Barry Eichengreen, Towards a New International Financial Architecture: A Practical Post-Asia Agenda (1999).
3. Barry Eichengreen, Transition Strategies and Nominal Anchors on the Road to Greater Exchange-Rate Flexibility (1999).
4. Banking Soundness and Monetary Policy: Issues and Experiences in the Global Economy (Chares Enoch & John H. Green eds., 1997).
5. Steve H. Hanke & Kurt Schuler, Currency Boards for Developing Countries: A Handbook (1994).
6. The Tobin Tax: Coping with Financial Volatility (Mahbub ul Haq et al. eds., 1996). Int'l Monetary Fund, Exit Strategies: Policy Options for Countries Seeking Greater Exchange-Rate Flexibility (1998).
7. Miles Kattler, Capital Flows and Financial Crises (1998).
8. Saskia Sassen, Losing Control?: Sovereignty in an Age of Globalization (1996).
9. John Williamson, What Role for Currency Boards (1995).

Articles

1. Yilmaz Akyüz, Taming International Finance, in Managing the Global Economy 55 (Johnathan Michie & John Grieve Smith eds.,1995).
2. Jagdish Bhagwati, The Capital Myth, Foreign Aff., May/June 1998, at 7.
3. Robert S. Browne, Taming Global Money, in Beyond Bretton Woods: Alternatives to the Global Economic Order 57 (1994).
4. Enrique Carrasco, Encouraging Relational Investment and Controlling Portfolio Investment in Developing Countries in the Aftermath of the Mexican Financial Crisis, 34 Colum. J. of Transnat'l L. 539 (1996).
5. Whitney Debevoise, Key Procedural Issues: Transparency, 32 Internat'l Law. 817 (1998).
6. Asli Demirgüç-Kunt & Enrica Detragiache, Financial Liberalization and Financial Fragility, in Annual World Bank Conference on Development Economics 1998, at 303 (Boris Pleskovic & Joseph E. Stiglitz eds., 1999).
7. Barry Eichengreen et. al., Liberalizing Capital Movements: Some Analytical Issues (IMF Economic Issues No. 17, 1999).
8. François Gianviti, The IMF and the Liberalization of Capital Markets, 19 Hous. J. Int'l L. 773 (1997).
9. Bruce Greenwald, International Adjustment in the Face of Imperfect Financial Markets in, Annual World Bank Conference on Development Economics 1998, at 273 (Boris Pleskovic & Joseph E. Stiglitz eds., 1999).
10. Interview with Manuel Guitián, Director, IMF Monetary and Exchange Affairs Department (May 22, 1999), in IMF's Role Evolves in Financial and Exchange Rate Arenas, 26 IMF Surv. 169 (1997).
11. Jang-Yung Lee, Sterilizing Capital Inflows (IMF Economic Issues No. 7, 1997).
12. Edward J. Lincoln, Japan's Financial Mess, Foreign Aff., May/June 1998, at 57.
13. Suzanne Manning & Eileen Canning, Hedge Funds: Report Recommends Public Disclosure, More Authority for SEC, CFTC, Treasury, 31 BNA Sec. Reg. & L. 557 (1999).
14. George Soros, Capitalism's Last Chance?, Foreign Pol'y, Winter 1998-99, at 55.
15. James Tobin, Financial Globalization: Can National Currencies Survive? in Annual World Bank Conference on Development Economics 1998, at 63 (Boris Pleskovic & Joseph E. Stiglitz eds., 1999).
16. Robert Wade, The Fight Over Capital Flows, Foreign Pol'y, Winter 1998-99, at 41.
17. James D. Wolfensohn, Rethinking Development-Principles, Approaches, and Projects, in Annual World Bank Conference on Development Economics 1998, at 59 (Boris Pleskovic & Joseph E. Stiglitz eds., 1999).

Papers & Notices

1. Tomas J.T. Balino et al., Currency Board Arrangements: Issues and Experiences, World Bank, Occasional Paper No. 151 (1997).
2. Gian Maria Milesi-Ferretti & Assaf Razin, Current Account Reversals and Currency Crises: Empirical Regularities, Int'l Monetary Fund Working Paper WP/98/99 (1998).
3. Int'l Monetary Fund, IMF Strengthens Standard for Public Dissemination of Data on International Reserves (IMF PIN No. 99/25) Mar. 26, 1999.
4. Int'l Monetary Fund, IMF Takes Additional Steps to Enhance Transparency (IMF PIN No. 99/36) Apr. 16, 1999.

Speeches

1. Michel Camdessus, Transparency and Improved Standards are Key to Stable and Efficient Financial Systems, Address to the Twenty-Fourth Annual Conference of the Int'l Org. of Sec. Commission (May 25, 1999), in 28 IMF Surv. 177 (1999).
2. Michel Camdessus, The IMF and Good Governance, Address to Transparency Int'l, at Paris, France (January 21, 1998), in Navigating Stormy, Unchartered Waters: Five Addresses by Michel Camdessus 27 (1998).
3. Michel Camdessus, Toward a New Financial Architecture for a Globalized World, Address to the Royal Inst. of Int'l Aff., at London, England (May 8, 1998) in Navigating Stormy, Unchartered Waters: Five Addresses by Michel Camdessus 13 (1998).

Websites

1. Basle Committee on Banking Supervision, Bank for Int'l Settlements, Core Principles for Effective Banking Supervision (last modified Sep. 1997) <http://www.bis.org/publ/bcbs30a.htm>.
2. Nouriel Roubini, The Case Against Currency Boards: Debunking 10 Myths About the Benefits of Currency Boards (last modified Feb. 1998) <http://www. stern.nyu.edu/~nroubini/asia/CurrencyBoardsRoubini.html>.
3. Kurt Schuler, Stabilizing the Indonesian Rupiah Through a Currency Board (last modified Jan. 1998) <http://www.erols.com/kurrency/indocybd.htm>.
4. Peter D. Sutherland, The 1998 Per Jacobsson Lecture: Managing the International Economy in an Age of Globalization, (last modified Oct. 4, 1998) <http://imf.org/external/am/1998/perj.htm>.
5. Task Force of the Executive Committee on Economic and Social Affairs of the United Nations, Towards a New International Financial Architecture (last modified Jan. 21, 1999) <http://www.eclac.cl/english/coverpage/architecture. htm>.

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Part 3-VI: 1998/1999 Update

CRISIS COUNTRIES

1. Paul Blustein, Is Malaysia's Reform Working?; Capital Controls Appear to Aid Economy but Doubts Remain, Wash. Post, Nov. 21, 1998, at G1.
2. Paul Blustein, Malaysia Survives Dire Predictions; Currency Controls Upset IMF, but Country Ready to Sell Bonds Again, Wash. Post., May 19, 1999, at E1.
3. Paul Blustein, U.S. Urges Suharto to Show Restraint, Wash. Post, May 2, 1998, at A15.
4. James Cox, Suharto Home to Fight Riots in Indonesia, USA Today, May 15, 1998, at A1.
5. Stanley Fischer, The Asian Crisis: A View from the IMF (Jan. 22, 1998) <http://www.imf.org/external/np/speeches/1998/012298.htm>.
6. Thomas L. Friedman, Foreign Affairs: The Reverse Domino, NYT, Mar. 19, 1999, at A17.
7. Johnathan Fuerbringer, The Markets in Turmoil: The Emerging Markets: Uncovering the Real Deals in a Global Bargain Basement, N.Y.Times, Sept. 6, 1998, at sec. 3, pg. 4.
8. Laura Goering, Brazilians Facing Tough Decisions; President Leads in Polls Despite Unpopular Plan, Chic. Trib., Oct. 4, 1998, at 3.
9. Merrill Goozner, Chill from Asia, Russia Threatens Latin America, Chic. Trib., Sept. 2, 1998, at 4.
10. David Hoffman, Russia in Reverse: Upheavals Threaten Free Market Goals, Wash. Post, Aug. 30, 1998, at A1.
11. Int'l Monetary Fund Press Briefing on First Review of Indonesia's Economic Program by Stanley Fischer and Hubert Neiss, May 4, 1998, available at <http://www.imf.org/external/np/tr/1998/TR980504.HTM>.
12. Int'l Monetary Fund, IMF Analysis of the Economic Program for Korea, IMF Approves SDR 15.5 Billion Stand-by Credit for Korea (Dec. 4, 1997) <http://www.imf.org/external/np/sec/pr/1997/pr9755.htm>.
13. Colin McMahon, Russia Reformer Fired by Yeltsin; Chernomyrdin Swept into Revolving Door, Returns as Premier, Chic. Trib., Aug. 24, 1998, at 1.
14. Seth Mydans, The Fall of Suharto: The Final Days: When Friends Rebel, a Reign Ends Quickly, N.Y.Times, May 24, 1998, at sec. 1, pg. 8.
15. Seth Mydans, The Fall of Suharto: The Successor; New President with High-Tech
16. Background Brings Confidence: His Own, N.Y.Times, May 21, 1998, at A10. Reuters, IMF May Resume Indonesian Bailout: U.S. Congress Still Unhappy with Agency, Lack of Reforms, Chic. Trib., May 4, 1998, at 5.
17. Michael Richardson, For Jakarta, is IMF Boon or Bane?, Int'l Herald Trib., May 4, 1998, at 1.
18. Keith B. Richburg, Indonesians Tally Victims, Await Suharto's Next Move; Government Rescinds Recent Price Increases, Wash. Post, May 16, 1998, at A1.
19. David E. Sanger, U.S. Plans to Send Billions to Shield Brazil's Economy, N.Y.Times, Oct. 25, 1998, at sec. 1, pg. 1.
20. Kurt Schuler, Stabilizing the Indonesian Rupiah Through a Currency Board (Jan. 1998) <http://www.erols.com/kurrency/indocybd.htm>.
21. Cindy Shiner, Jakarta Couples Price Rises With Unrest Warning; Fuel and Power Costs Go Up as IMF Prepares to Release $1 Billion From Rescue Funds, Int'l Herald Trib., May 5, 1998, at 1.
22. Barbara Slavin, Russia's Troubles with Capitalism are Linked to its History, USA Today, Sept. 2, 1998, at 8A.
23. John Willcock, Saving the Tigers; When Your Economy Goes Belly-up, There's Only One Thing for It: Call in the Brits., The Independent, Apr. 4, 1998, at 18.
24. Events that Lead to Resignation, Chic. Sun-Times May 21, 1998, at 28.

IMF, WORLD BANK, & REFORMS

1. Michel Camdessus, Address to IOSCO, Transparency and Improved Standards are Key to Stable and Efficient Financial Systems 28 IMF Surv. 177 (1999).
2. Core Principles for Effective Banking Supervision (Sep. 1997) <http://www.bis.org/publ/bcbs30a.htm>.
3. Barry Eichengreen, Towards a New International Financial Architecture: A Practical Post-Asia Agenda (1999).
4. Barry Eichengreen, Transition Strategies and Nominal Anchors on the Road to Greater Exchange-Rate Flexibility (1999).
5. Barry Eichengreen et. al., Liberalizing Capital Movements: Some Analytical Issues (IMF Economic Issues No. 17, 1999).
6. Barry Eichengreen, Capital Account Liberalization: Theoretical and Practical Aspects (IMF Occasional Paper No. 172, 1998).
7. Bruse Greenwald, International Adjustment in the Face of Imperfect Financial Markets, in Annual World Bank Conference on Development Economics 1998 273 (Boris Pleskovic & Joseph E. Stiglitz eds., 1999).
8. The Tobin Tax: Coping with Financial Volatility (Mahbub ul Haq, et al. eds., 1996).
9. Nicholas D. Kristof, Crisis Pushing Asian Capitalism Closer to U.S-Style Free Market (last modified Jan. 17, 1998) <http://www.nytimes.com/library/financial/011798asia-capitalism.html>.
10. David E. Sanger, A Fund of Trouble: A Special Report; As Economies Fail, the
11. I.M.F. is Rife with Recriminations, N.Y.Times, Oct. 1, 1998, at A1.
12. George Soros, Capitalism's Last Chance?, Foreign Pol'y, Winter 1998-99 at 55. Task Force of the Executive Committee on Economic and Social Affairs of the United Nations, Towards a New International Financial Architecture (Jan. 21, 1999) <http://www.eclac.cl/english/coverpage/architecture.htm>.
13. James Tobin, Financial Globalization: Can National Currencies Survive?, in Annual World Bank Conference on Development Economics 1998 63 (Boris Pleskovic & Joseph E. Stiglitz eds., 1999).
14. James Tobin, The New Economics One Decade Older (1974).
15. Robert Wade, The Fight Over Capital Flows, Foreign Pol'y, Winter 1998-99 at 41.
16. James D. Wolfensohn, Rethinking Development-Principles, Approaches, and Projects, in Annual World Bank Conference on Development Economics 1998 59 (Boris Pleskovic & Joseph E. Stiglitz eds., 1999).