Financial Developments in National and International Markets

Notes on the Contributors Introduction; P.Arestis, J.Ferreiro & F.Serrano Disutility of International Debt: Analytical Results and Methodological Implications; G.Hannsgen On the Changing Nature of Currency Crises; K.Erturk Financial System Regulation; Stability versus Instability: Some Strategic Considerations; D.Cantarero & D.Ceballos The Bretton Woods Institutions Sixty Years Later: A 'Glocal' Reform Proposal; S.Rossi The Monetary Policy of the ECB and the FED: Credibility versus Confidence, a Comparative Approach; E.Le Heron & E.Carré The Case for Fiscal Policy; P.Arestis & M.Sawyer Is an Increase of the Fiscal Budget at EMU Level Desirable?; D.Furceri How Sensitive is the US Dollar to Economic Policy?; E.Karakitsos The Pattern of Inward FDI Geographical Distribution: Can Developing Countries Base their Development on these Flows?; C.Rodríguez, J.Ferreiro & C.Gómez Financial Deregulation and Capital Flows in Latin American Countries; E.Correa & G.Vidal The Impact of Multinational Banking on Domestic Banking; C.Gnos & L-P.Rochon Spanish FDI in Latin America, 1989 - 2004: A Constructivist Framework for Analysis; P.Toral Role of the International Monetary Fund in the Economic Policymaking and Growth of the Baltic Countries; U.Vaarja Index