000			00912nam a2200109Ia 4500
100			_aFitzGerald, Valpy
245			_aGlobal capital market volatility and the developing countries : lessons from the East Asian crisis
260			_c1999
520			_aAddresses the global causes of emerging market volatility, its local consequences, and the failure of international financial institutions, such as the IMF, to contain it. Discusses the attempts to extend multilateral bank regulation towards emerging markets. Identifies its limitations as well as those of transborder mutual recognition agreements and the international credit insurance scheme. Examines the prospects for establishing a binding set of rules for international investment, with logical consequences for both global capial taxation and international debt write-off as the basis for a long-term solution.
583			_c10/17/07 _kJOYD
942			_cA
999			_c31992 _d31992