Combining critical perspectives with a positive contribution to
economic policy, both national and international, this book
considers the causes and consequences of recent financial crises
presenting cutting-edge material. The editors bring together a
number of well-known scholars to offer their views and elaborate on
alternative solutions with respect to the Washington Consensus on
how to restructure the monetary and financial system in order to
avoid financial crises in the future. The book deals with a number
of issues, such as the Asian financial crises of the 1990s,
exchange rate arrangements, financial liberalization and capital
controls. The contributors take a critical approach, providing the
elements for a new analysis of monetary and exchange rate issues in
the modern world. Monetary and Exchange Rate Systems will be
extremely useful for researchers and policymakers interested in
monetary macroeconomics and in the international financial system.
General
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