This paper analyzes the linkages between capital account liberalization and other policies influencing financial sector stability. Drawing on country experiences, the paper develops an operational framework for sequencing and coordinating capital account liberalization with other policies aimed...

Acknowledgements -- Preface -- Introduction "post fata resurgo" : at the origins of modern finance -- Halcyon days -- Half measures -- The impact of oil -- Full measures -- Wuthering heights -- References

Introduction -- Long term foreign direct investment and economic growth -- Sr portfolio flows and economic growth -- Capital flows, sudden stops and banking crises -- Banking governance, bank runs and the effectiveness of liquidity provision -- Six capital controls and banking crises --...

Machine generated contents note: Introduction Jocelyn Pixley; 1. Sovereign nations and the governance of international finance Renate Mayntz; 2. Coping with the dangerous component of capital flows and Asia's ineffective cooperation Iwan Azis; 3. How mobile capital plays off democracy - the Euro...

During the recent financial crisis, the conflict between sovereign states and banks over who controls the creation of money was thrown into sharp relief. This collection investigates the relationship between states and banks, arguing that conflicts between the two over control of money produces...