World Capital Markets: Challenge to the G-10

by Gary C. Hufbauer, Wendy Dobson, Gary Clyde Hufbauer

It is often pointed out that "for every bad borrower, and for every failed project, there is also a culpable lender or investor." This observation is particularly apt for the debate now raging in the capital markets: should private bankers and investment managers bear a greater share of the costs when financial crises erupt in emerging economies? Critics who have analyzed the "plumbing" of the world's financial architecture have thus far devoted...

• Format: Paperback
• Language: English
• ISBN: 0881323012
• ISBN13: 9780881323016
• Release Date: April 2001
• Publisher: Peterson Institute for International Economic
• Length: 276 Pages
• Weight: 0.82 lbs.
• Dimensions: 0.6" x 6.0" x 9.0"