Financial Developments in National and International Markets

1. The Disutility of International Debt: Analytical Results and Methodological Implications
Greg Hannsgen

2. On the Changing Nature of Currency Crises
Korkut A. Erturk

3. Financial System Regulation Stability versus Instability: Some Strategic Consideration
David Ceballos, David Cantarero

4. The Bretton Woods Institutions Sixty Years Later: A ‘Glocal’ Reform Proposal
Sergio Rossi

5. The Monetary Policy of the ECB and the Fed: Credibility versus Confidence, a Comparative Approach
Edwin Heron, Emmanuel Carré

6. The Case for Fiscal Policy
Philip Arestis, Malcolm Sawyer

7. Is an Increase of the Fiscal Budget at EMU Level Desirable?
Davide Furceri

8. How Sensitive Is the Dollar to Economic Policy?
Elias Karakitsos

9. The Pattern of Inward FDI Geographical Distribution: Can Developing Countries Base Their Development on Those Flows?
Jesus Ferreiro, Carmen Gomez, Carlos Rodriguez

10. Financial Deregulation and Capital Flows in Latin American Countries
Eugenia Correa, Gregorio Vidal

11. The Impact of Multinational Banking on Domestic Banking
Claude Gnos, Louis-Philippe Rochon

12. Spanish Foreign Direct Investment in Latin America, 1989–2004: A Constructivist Framework for Analysis
Pablo Toral

13. Role of the International Monetary Fund in the Economic Policy-making and Growth of the Baltic Countries
Ulvi Vaarja

Keywords: Economics, Macroeconomics/Monetary Economics//Financial Economics, Finance, general