Book

Threats to International Financial Stability

This volume, based on a conference organized by the International Center for Monetary and Banking Studies in association with the Centre for Economic Policy Research, brings together a leading group of economists, financial theorists, policy-makers and bankers to analyse current threats to international financial stability.
The potential fragility of the international financial and monetary system has been highlighted by recent international debt crises as well as by rapid financial innovation and important regulatory changes. The book examines the anatomy and propagation of international financial crises, assesses the adequacy of current regulatory and supervisory practices, and suggests measures that would help to avoid or contain financial crises. The papers, written by academics, are discussed by leading bank supervisors and regulators and by central and private bankers. The experiences of the United States, the United Kingdom, Germany, Japan, Finland and Argentina are described in six country studies. A concluding panel session discusses the problems of containing financial crises. The volume offers a unique combination of analytical rigour and practical relevance and will interest all those concerned with the stability of the international financial system.

Citation

Swoboda, A and R Portes (eds) (1987), ‘Threats to International Financial Stability‘, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/threats-international-financial-stability

Citation

Swoboda, A and R Portes (1987), ‘Introduction: Threats to International Financial Stability‘, in Swoboda, A and R Portes (eds), Threats to International Financial Stability, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/threats-international-financial-stability

Citation

Price, L, P Schmid, S Ogata, R Gemmill, E Feldman, J Åkerholm and U Aguirre (1987), ‘Appendix: country studies‘, in Swoboda, A and R Portes (eds), Threats to International Financial Stability, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/threats-international-financial-stability

Citation

Rybczynski, T, R Gemmill, R Portes and B Eichengreen (1987), ‘The anatomy of financial crises‘, in Swoboda, A and R Portes (eds), Threats to International Financial Stability, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/threats-international-financial-stability

Citation

Dermine, J and E Baltensperger (1987), ‘The role of public policy in ensuring financial stability: a cross-county, comparative perspective‘, in Swoboda, A and R Portes (eds), Threats to International Financial Stability, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/threats-international-financial-stability

Citation

Rose, H and R Bench (1987), ‘The design of bank regulation and supervision: some lessons from the theory of finance‘, in Swoboda, A and R Portes (eds), Threats to International Financial Stability, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/threats-international-financial-stability

Citation

Pyle, D, A Schwietert and E Kane (1987), ‘Competitive financial reregulation: an international perspective‘, in Swoboda, A and R Portes (eds), Threats to International Financial Stability, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/threats-international-financial-stability

Citation

Zechner, J, R Herring, C Freedman, J Guttentag and M Beenstock (1987), ‘Emergency liquidity assistance for international banks‘, in Swoboda, A and R Portes (eds), Threats to International Financial Stability, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/threats-international-financial-stability

Citation

Price, L, A Saunders and A Brillembourg (1987), ‘The interbank market, contagion effects and international financial crises‘, in Swoboda, A and R Portes (eds), Threats to International Financial Stability, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/threats-international-financial-stability

Citation

Swoboda, A, J Pearce, C Downton, E Feldman and S Cross (1987), ‘Public policy and international financial stability: a report of the conference discussion and Panel‘, in Swoboda, A and R Portes (eds), Threats to International Financial Stability, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/threats-international-financial-stability

Citation

Lusser, M (1987), ‘Policy and financial innovation: will there be a switch from deregulation to reregulation?‘, in Swoboda, A and R Portes (eds), Threats to International Financial Stability, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/threats-international-financial-stability