000			00726nam a2200109Ia 4500
100			_aMachinea, José Luis
245			_aThe international financial crisis : its nature and the economic policy challenges
260			_c2009
520			_aDiscusses the origins of the international financial crisis, emphasizing the instability of the financial system as a leading cause. Argues that the function of controlling excessive asset price rises is one for regulatory policy, rather than interest rates. Analyzes the effects of the international crisis on the current accounts of the region's countries and the difficulty of applying countercyclical policies in the absence of a global lender.
583			_c2/8/10 _kJOYD
942			_cA
999			_c34636 _d34636