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Title Global financial turmoil and reform : a United Nations perspective / edited by a team from the United Nations Department of Economic and Social Affairs ; Barry Herman, supervising editor
Published Tokyo : United Nations, United Nations University Press, 1999

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Description 1 online resource (400 pages)
Contents International finance and the developing countries : liberalization, crisis and the reforming agenda / Barry Herman and Barbara Stallings -- Global financial flows and their impact on developing countries : addressing the matter of volatility / Report of the United Nations Secretary General -- Introduction-- Asia / Wenyan Yang -- Dynamics of Asian economic crisis and selected policy implications / Azizul Islam -- Do we know the real causes of the Asian crisis? / Iwan Azis
Financial restructuring and reform programme in the Republic of Korea : progress and constraints / Soo-Won Lee and Ann Orr -- Discussion-- Asia / Michael Casey, Roberto Mariano and Robert Wade -- Introduction-- Latin America / Alberto Padova -- Impact of the international crisis on Latin America / United Nations Economic Commission for Latin America and the Caribbean -- Managing capital inflows in Chile / Manuel R. Agosin and Ricardo Ffrench-Davis -- Discussion-- Latin America / Daniel Lederman and Cristián Ossa -- Introduction-- Africa / Ana Cortez -- South-East Asia's economic crisis and Africa : a view from the African region / Befekadu Degefe -- Financial reforms in Africa and the lessons from Asia / Henk-Jan Brinkman -- Discussion-- Africa / Richard Morgan and Temitope W. Oshikoya -- Introduction-- economies in transition / Simon Cunningham -- Impact of the East Asian crisis on the transition economies and financial distress in the Russian Federation / United Nations Economic Commission for Europe -- Economies in transition / Gerard Belanger and Basil Zavoico -- Discussion-- economies in transition / Ilene Grabel and Paul Wachtel -- Introduction-- direct investment / Leonides Buencamino -- Financial crisis in Asia and foreign direct investment / United Nations Conference on Trade and Development -- Discussion-- direct investment / Thea Lee, Richard D. Rippe and Richard Tan -- Introduction-- financial markets / Krishnan Sharma and Judith Romero -- 1997-1998 East Asian financial crisis : a New York market-informed view / Christopher Rude -- Understanding the dynamics behind excess capital inflows and excess capital outflows in East Asia / Krishan Sharma -- Discussion-- financial markets / Isabelle Grunberg [and others]
Summary As Asia's financial and economic crisis deepened and spread around the world, United Nations economists on five continents shared notes to understand the upheaval and suggest reforms at national and international levels." "This process led the Secretary-General to present a set of recommendations to the General Assembly on methods to strengthen the capacity of developing and transitional economies to cope with international financial volatility and to reduce risks posed by the current international financial system. It also resulted in a joint statement by UN economic and social affairs officials to the ministerial committees that oversee the Bretton Woods institutions." "This volume presents the results of these exercises, including revised and updated papers and summaries of July 1998 discussions at which economists and scholars discussed the crisis in terms of the behaviour of direct investors and financial markets. -- Provided by publisher
Bibliography Includes bibliographical references and index
Notes Print version record
Subject International finance.
Financial crises -- East Asia
Economic history -- 1990-
BUSINESS & ECONOMICS -- Finance.
Economic history
Financial crises
International finance
Financiële crises.
SUBJECT Developing countries -- Economic conditions. http://id.loc.gov/authorities/subjects/sh85037344
Subject Developing countries
East Asia
Ontwikkelingslanden.
Form Electronic book
Author Herman, Barry
United Nations. Department of Economic and Social Affairs.
ISBN 0585220638
9780585220635