ERIC Number: ED479225
Record Type: Non-Journal
Publication Date: 1999-Jun
Reference Count: N/A
Rethinking the International Financial System: Views from the South.
Zhou, Yiping, Ed.
Cooperation South, n1 Jun 1999
Considerable resources have been spent to rescue a few countries from crises caused by dramatic shifts in financial inflows and outflows. Measures should be sought to render the institutions and mechanisms of international financial transactions more transparent, accountable, and supportive of the delicate balance between short-term stability and long-term structural change. This issue takes a critical look at the existing financial architecture, highlighting some of its shortfalls, and proposing measures for the intricate task of designing a new financial architecture at global, regional, and national levels. This issue begins with a foreword from the editor, "From Emergency Bail-outs, to Sustainable Growth." The first section of this issue, Institutions and Practices, includes the following articles: "Towards a New International Financial Architecture" (United Nations Executive Committee on Economic and Social Affairs); "The International Monetary Fund: A Cure or a Curse?" (Devesh Kapur); and "Borrowers, Lenders and the Asian Financial Crisis: The 'Moral Hazard'" (Aziz Ali Mohammed). The next section, Regional Issues, contains: "Policy Instruments for the Return of Private Capital to Asian Countries" (Roberto F. De Ocampo); "Managing Foreign Capital Flows in Chile" (Martin Khor and Lean Ka-Min); and "Globalization of Finance and Development Prospects in Africa" (Nguyuru Lipumba). The final section, Windows on the South: Current Trends, Perspectives, and Events, includes: "New UNDP Administrator and Associate Administrator Named"; "Business and Investment Collaboration Being Mapped between Africa and Asia"; and "A Wind-Up Radio for the Poor." (BT)
Descriptors: Developing Nations, Economic Progress, Financial Problems, Foreign Countries, Geographic Regions, International Programs
Special Unit for TCDC, United Nations Development Programme, One United Nations Plaza, New York, NY 10017. Tel: 212-906-5737; Fax: 212-906-6352; Web site: http://www.undp.org. For full text: http://tcdc.undp.org/tcdcweb/coop_south_journal/1999_jun/index.html.
Publication Type: Collected Works - Serials; Reports - Descriptive
Education Level: N/A
Authoring Institution: United Nations Development Programme, New York, NY.
Identifiers - Location: Africa; Asia; Chile