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Blog
Tony Addison This month saw the visit of Kaushik Basu, the World Bank’s new Chief Economist and Senior Vice President for Development Economics, to talk about the global crisis and the impact on emerging economies at a UNU-WIDER seminar. You can see a video interview with Kaushik here. Kaushik is an...
Working Paper
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– The Experience of Latin America since the Tequila Crisis
The paper deals with changes in the regulation and supervision of the Latin American financial sector in the aftermath of the ‘Tequila Crisis’ of 1994–95. While it finds that both have improved, regulation and supervision cannot resolve all problems; good macroeconomic policy and performance are...
Working Paper
pdf
– Latin American Exchange Rate Policies During the Asian Crisis
During the Asian crisis, intermediate exchange rate regimes vanished. It has been argued that those regimes were no longer useful and only the extremes remained valid. The paper analyses three foreign exchange regimes: Argentina (pegged), Chile (band) and Mexico (float). The Argentinean currency...
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