Financial Developments in National and International Markets

Front Matter....Pages i-xv
The Disutility of International Debt: Analytical Results and Methodological Implications....Pages 1-24
On the Changing Nature of Currency Crises....Pages 25-39
Financial System Regulation Stability versus Instability: Some Strategic Consideration....Pages 40-55
The Bretton Woods Institutions Sixty Years Later: A ‘Glocal’ Reform Proposal....Pages 56-76
The Monetary Policy of the ECB and the Fed: Credibility versus Confidence, a Comparative Approach....Pages 77-102
The Case for Fiscal Policy....Pages 103-117
Is an Increase of the Fiscal Budget at EMU Level Desirable?....Pages 118-132
How Sensitive Is the Dollar to Economic Policy?....Pages 133-148
The Pattern of Inward FDI Geographical Distribution: Can Developing Countries Base Their Development on Those Flows?....Pages 149-164
Financial Deregulation and Capital Flows in Latin American Countries....Pages 165-175
The Impact of Multinational Banking on Domestic Banking....Pages 176-189
Spanish Foreign Direct Investment in Latin America, 1989–2004: A Constructivist Framework for Analysis....Pages 190-224
Role of the International Monetary Fund in the Economic Policy-making and Growth of the Baltic Countries....Pages 225-238
Back Matter....Pages 239-244