Market frictions pervade emerging economies and constrain private sector development. In such settings, formal institutions to help address contract enforcement

This collection of articles and papers has been organised under a limited number of specific themes in international financial economics, including balance of p

The essays in this volume analyze causes of financial crises in emerging markets and different policy responses.

In this text an international banking expert grapples with issues that surround the trend toward financial globalization and its potential impact on financial f