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The Role of Banks, Financial Fragility, Systemic Risk and Short-Term Capital Flows

The Asian Banking Crisis (The Economist 11/97)

The Role of Inadequate Regulation (NYT 12/97)

Economists Blame Short-Term Loans for Asian Crisis (NYT)

The Role of Short-Term Capital Flows (The Economist 1/98)

Seven Habits of Highly Defective Investors by Paul Krugman (Fortune 2/98)

Asian Banking Crisis (WSJ 10/97)

Banks Were Slow to See Warning Signs in Asia (NYT 1/28/98)

Giving Credit Where Blame Might Be Due (NYT 1/25/98)

The Maturity, Sectoral and Nationality Distribution of International Bank Lending - Bank of International Settlements Report (5/98)

"Paper Tigers? A Model of the Asian Crisis" by Nouriel Roubini, Giancarlo Corsetti and Paolo Pesenti (revised December 1998) (the file is in PDF format)

Maintaining Financial Stability in a Global Economy, a symposium sponsored by the Federal Reserve Bank of Kansas City, August 28-30, 1997

Restructuring in Asia - A Brief Survey of Asian Bankruptcy Law by William Gamble

Article on the Jackson Hole Conference (WSJ, 9/97)

"Do Depositors Punish Banks for "Bad" Behavior? Market Discipline in Argentina, Chile, and Mexico" by Maria Soledad Martinez Peria and Sergio L. Schmukler, World Bank (2/99)

Colombia: Call for curbs on capital flows

Asia: The Collapse and the Cure By Lester Thurow

There'll Always Be a Soros Paul Krugman (Fortune 3/98)

A Vision of Capital Markets and Stock Exchange  by Roberto F. De Ocampo

Keynote speech for conference on "Preventing Bank Crises: Lessons from Recent Global Bank Failures" by Jeffrey A. Frankel, Member of the Council of Economic Advisers

IMF as a Lender of Last Resort (WSJ 12/96)

The IMF/World Bank meetings in Hong Kong Sep. 1997 (Economist 9/97)

IMF's International Capital Markets Report

The Financial Times homepage on the IMF/World Bank annual meetings in Honk Kong in September 1997  (you need a free registration to access the Financial Times homepage)

Impacts of the Basle Capital Standard on Japanese Banks' Behavior by Takatoshi Ito and Yuri Nagataki Sasaki  NBER WP #6730 (10/98)