What are the reasons for and the costs of Latin America's volatility? Because there is no consensus on these fundamental questions, there is no consensus on the appropriate policy response to macroeconomic volatility in Latin America, and other shock-prone countries. This paper provides new...

Against the backdrop of China’s increasingly influential role in the international financial architecture, this thesis seeks to characterize and evaluate China’s financial power potential. It does so by analyzing the relationship between domestic financial repression and international...