Introduction; A.Tawfik Al Sadik & I.Elbadawi -- Strengthening the Financial Architecture: The Unanswered Questions; B.Eichengreen -- The Oil Market and the Financial Crisis; R.E. Mabro -- The Global Crisis: Old and New Lessons for Macroeconomic Policy; A.Tawfik Al Sadik & L.Serv̌n -- Financial...

The possibility that the euro area might break up was being raised even before the single currency existed. These scenarios were then lent new life five or six years on, when appreciation of the euro and problems of slow growth in various member states led politicians to blame the European...

We ask whether Poland is at risk of the boom-bust problem that has afflicted economies around the time of euro adoption. Our answer, inevitably, is mixed. On the one hand the fact that Poland is an outlier, credit-growth wise, accentuates the danger of a boom if one believes in mean reversion....