No small change: the awkward economics and politics of North American monetary integration. (The Border Papers).
In this issue ... Hopes that adopting a monetary system based on the US dollar would improve Canada's economic performance and elicit US accommodation of Canada's monetary needs are probably misplaced, making the country's current monetary regime--a floating exchange rate, inflation targets, and domestic accountability of policymakers--the...

Rethinking Bank Regulation: Till Angels Govern.
Rethinking Bank Regulation: Till Angels Govern James R. Barth, Gerard Caprio Jr., and Ross Levine Cambridge: Cambridge University Press, 2006, 428 pp. When experts recommend economic policies for developing countries, they often fail to take into account the inability of weak governments to implement those policies. An...

Trade, development, and the legal practitioner.
INTRODUCTION The objectives of this presentation are: first, to identify three important lessons that emerge as serious challenges to the successful achievement of development: second, to discuss how law, justice, and legal institutions are essential tools for promoting and achieving equitable development, an emerging doctrine, as proposed...

An agenda for public action.
An Agenda for Public Action The Post wanted to know where Pat Robertson stands on the important social, economic and political matters facing the United States at home and abroad. The following is a survey of his views on diverse matters: Individual Freedom as a Basis...

Surviving the global downturn: Moin A. Siddiqi reviews the performance of the region's banking institutions. (Arab Banking Report).
The major Arab banking groups recorded decent if not spectacular results in 2002 despite the global economic slowdown of the past two years, declining net interest income thanks to lower US interest rates and rising geopolitical uncertainties in the Middle East and North Africa (MENA) region. Of...

The changing politics of central banking in Taiwan and Thailand.
Up until the 1980s, the central banks of Taiwan and Thailand--the Central Bank of China (CBC) and the Bank of Thailand (BOT)--had long enjoyed a reputation, in both official documents and scholarly accounts, as paragons of autonomous and competent monetary authorities in the developing world. (1) However, during the...

Lessons from Argentina and Brazil.
What have we learned from the sovereign debt crises in Argentina and Brazil, and what can the United States and the International Monetary Fund do, if anything, to repair the damage, and to avoid similar problems elsewhere? Policy Lessons I would emphasize five policy lessons:...

Roundtable - a multiplicity of actors and transnational governance.
The roundtable was convened at 10:45 a.m., Saturday, March 31, by its moderator, Jose Gabilondo of the College of Law, Florida International University, who introduced the discussants: Timothy Canova of Chapman University Law School; Erika George of the University of Utah College of Law; and Robert Wai of Osgoode...

Global Governance of Financial Systems: the International Regulation of Systemic Risk.
KERN ALEXANDER, RAHUL DHUMALE, & JOHN EATWELL, GLOBAL GOVERNANCE OF FINANCIAL SYSTEMS: THE INTERNATIONAL REGULATION OF SYSTEMIC RISK, (Oxford Univ. Press 2006). I. INTRODUCTION Systemic risk may be the "scariest" term in a central banker's vocabulary. (2) What is systemic risk? Consider the returns on...

Evaluating cost performance of banks in the Asia pacific.
This paper aims to evaluate the cost efficiency of banks in the Asia-Pacific region and test whether the operating performance of banks in poorer economies improves with the inclusion of environmental proxies. Our basic cost efficiency model finds that Australia and Singapore are the most cost efficient banking economies....