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Financial Crises - Lessons from the Past Preparation for the Future (PDF)

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 							Throughout the 1990s, numerous financial crises rocked the world financial sector. The Asian bubble burst, for
example; Argentina and Brazil suffered currency crises; and the post-Soviet economy bottomed out in Russia. In Financial
Crises, a distinguished group of economists and policy analysts examine and draw lessons from attempts to recover from
past crises. They also consider some potential hazards facing the world economy in the 21st century and discuss ways to
avoid them and minimize the severity of any future downturn. This important new volume emerges from the seventh annual
conference on emerging markets finance, cosponsored and organized by the World Bank and the Brookings Institution. In
the book, noted experts address the following questions: How effective were post-crisis policies in Latin America,
Eastern Europe, and East and Central Asia? Where do international financial markets stand ten years after the worldwide
debt crisis? How can the provision of financial services resume vigorously, yet safely? What are the viable policy
options for reducing systemic financial vulnerability? What will the next emerging-market financial crisis look like?
Will lessons learned from past experiences help to avoid future disasters? How can nations reform their pension systems
to deal with retirement challenges in the 21st century?
  
  Series: World Bank/IMF/Brookings Emerging
Markets
  Publisher: Brookings Institution Press and World Bank Group (December 6, 2005)
  Language:
English
  ISBN-10: 0815712898
  ISBN-13: 978-0815712893 						

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