International Finance and Developing Countries in a Year of Crisis: 1997 Discussions at the United Nations FROM THE PUBLISHER
The book opens with a background chapter on financial flows, financial crises, and financial policy needs at the national and global levels by the editors. The views of the International Monetary Fund on the lessons to be drawn front the Asian currency crisis are presented by its managing director, Michel Camdessus, while two former IMF executive directors, Ariel Buira and Arjun Sengupta, review policy issues surrounding capital flows to developing countries.
Professor Linda Lim of the University of Michigan School of Business looks at conditions for effective capital market liberalization in developing countries, particularly in Southeast Asia. Ambassador Oscar R. De Rojas, Venezuela's deputy permanent representative to the United Nations and chairman of the General Assembly's Economic and Finance Committee, assesses the recent United Nations discussions of international financial issues. Professor Gerald K. Helleiner of the University of Toronto. who also coordinates research for the IMF's Intergovernmental Group of Twenty-four on International Monetary Affairs, examines how to strengthen global economic governance through an official conference on finance and development. The book includes the texts of several UN resolutions on international finance, as well as a chronology of the 1997 crisis.
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