Book DescriptionIntensifying global financial liberalization and integration has been accompanied by increased financial volatility over the past two decades This has been revealed most dramatically by the Asian financial crisis and the more recent crisis in Argentina These and lesser-known crises in emerging economies have focused attention ожлвб on determining the most appropriate role for international and national financial institutions to play This volume offers a wide-ranging overview of the problems and possible policy responses involved in resolving the issues discussed Download DescriptionPersistent episodes of global financial crises have placed the existing system of international monetary and financial governance under stress The resulting economic turmoil provides a focal point for rethinking the norms and institutions of global financial architecture and the policy options of public and private authorities at national, regional and transnational levels This volume moves beyond analysis of the causes and consequences of recent financial crises and concentrates on issues of policy Written by distinguished scholars, it focuses on the growing tension between global market structures and national policy imperatives Accessible to both specialists and general readers, the analysis is coherent across a broad range of theoretical and empirical cases Offering a series of reasoned policy responses to financial integration and crises, the volume grapples directly with the institutional and often-neglected normative dimensions of international financial architecture The volume thus constitutes required reading for scholars and policy-makers.  От издателя2003 г ISBN 0521817323.