In this text an international banking expert grapples with issues that surround the trend toward financial globalization and its potential impact on financial f

The management of financial crises in emerging markets is a vital and high-stakes challenge in an increasingly global economy. For this reason, it's also a high

We update the widely used banking crises database by Laeven and Valencia (2008, 2010) with new information on recent and ongoing crises, including updated infor

The study calls for a two-track strategy: first, deep multilateral liberalization involving phased but complete elimination of industrial-county protection and

Economists and policymakers are still trying to understand the lessons recent financial crises in Asia and other emerging market countries hold for the future o