Global Cooperation Among G20 Countries

1. Global Cooperation Among G20 Countries: Responding to the Crisis and Restoring Growth
Michael Callaghan, Chetan Ghate, Stephen Pickford, Francis Rathinam

2. The G20 Since 2008: Some Reflections on the Experience and the Road Ahead
Subir Gokarn

Part I. Eurozone Crisis: Short-Run Challenges and Options

3. Overcoming the Euro Area Crisis—Reforms and Results
Holger Fabig, Yannick Kirchhof, Inka Zippe

4. Predicting the Euro: A Practitioner’s Perspective
Abheek Barua

5. Monetary Integration in Europe and the Drawbacks of Centralization
Heribert Dieter

6. Reflections on the Euro Crisis
Pierre Jacquet

Part II. Rebalancing the Global Economy

7. The G20, IMF and Global Imbalances: The Policymakers’ Perspective
Michael Callaghan

8. Global Imbalances: Causes and Policies to Address Them
Emil Stavrev

9. Exchange Rate Flexibility and Economic Rebalancing in China
Takuji Kinkyo

10. Global Imbalances and Financial Fragility
Jong Kook Shin, Chetan Subramanian

Part III. Financial Sector Regulation

11. Financial Regulatory Reforms: Not Far Enough, or Too Far?
Stephen Pickford

12. Asian Perspectives for Financial Regulatory Reforms after the Asian Financial Crisis
Jae-Ha Park

13. The Challenge of Financial Stability and Regulation from a European Perspective
Paul Bernd Spahn

14. Financial Regulatory Reforms: Striking a Balance
Anand Sinha

Part IV. A New Framework for Reforming the International Monetary System

15. Reforming the International Monetary System: an Institutional Perspective
Jyoti Rahman, Ewa Orzechowska-Fischer, Redom Syed

16. Strengthening the International Monetary System
Emil Stavrev

17. Systemic Sudden Stops, Credit Lines, and Funding Liquidity
Gurbachan Singh

Part V. Capital Control Policy and Emerging Market Economies (EMEs)

18. Policy Trade-offs in an Open Economy and the Role of G20 in Global Macroeconomic Policy Coordination
Rajeswari Sengupta, Abhijit Sen Gupta

19. Managing the Risks Associated with Volatile Capital Flows
Atish R. Ghosh

20. On an Asian Monetary Union: What does the Evidence Tell us?
David Kim

Part VI. Austerity and Growth

21. The Macroeconomic Policy Response to the International Financial and Economic Crisis and the G20
Alok Sheel

22. Austerity, Growth, and Public Policy
Denis Medvedev, Smriti Seth

23. India and Fiscal Austerity
Shankar Acharya

Keywords: Economics/Management Science, Macroeconomics/Monetary Economics, Financial Economics, Emerging Markets/Globalization, Economic Policy, Economic Growth