Conference – 1999
Capital Flows and the International Financial System
9-10 August 1999
As in previous years, a range of distinguished international and Australian
academic and policy economists participated in the 1999 conference. Three
papers were written by Bank staff. The remaining papers were written by
well-known academics, policy economists and policymakers including Woody
Brock from Strategic Economic Decisions, Inc., Max Corden from Johns Hopkins
University, Michael Dooley from the University of California, Santa Cruz,
Barry Eichengreen from the University of California, Berkeley, Michael
Mussa from the International Monetary Fund, Eisuke Sakakibara from the
Japanese Ministry of Finance, David Vines from the University of Oxford,
Paul Volcker, formally Chairman of the US Federal Reserve Board, and Joseph
Yam, from the Hong Kong Monetary Authority.
A volume, containing the conference papers and discussions, was
published on 26 October 1999.
Download the complete Volume [PDF 760K]
Contents
- Table of Contents [PDF 47K]
-
Introduction
[PDF 28K]
David Gruen -
Problems and Challenges of International Capital Flows
[PDF 21K]
Paul A Volcker -
Is Our Current International Economic Environment Unusually Crisis Prone?
[PDF 146K]
Michael Bordo and Barry Eichengreen
Discussion [PDF 6K] -
Capital Flows to East Asia: The Facts
[PDF 57K]
Gordon de Brouwer -
Academic Views of Capital Flows: An Expanding Universe
[PDF 53K]
Michael P Dooley and Carl E Walsh -
Capital Flows and Exchange Rates
[PDF 84K]
Stephen Grenville and David Gruen -
Explaining Global Market Turmoil:
A Fresh Perspective on its Origins and Nature
[PDF 35K]
Horace 'Woody" Brock -
Discussion of Dooley and Walsh, Grenville and Gruen, and Brock
[PDF 48K]
Ricardo Hausmann -
The Impact of Hedge Funds on Financial Markets:
Lessons from the Experience of Australia
[PDF 33K]
Bob Rankin -
Capital Flows, Hedge Funds and Market Failure:
A Hong Kong Perspective
[PDF 36K]
Joseph CK Yam
Discussion [PDF 8K] -
From the Washington Consensus to the New International Financial Architecture
[PDF 22K]
Eisuke Sakakibara
Discussion [PDF 6K] -
From Asian Miracle to Asian Crisis:
Why Vulnerability, Why Collapse?
[PDF 77K]
Jenny Corbett, Gregor Irwin and David Vines
Discussion [PDF 7K] -
Reforming the International Financial Architecture:
Limiting Moral Hazard and Containing Real Hazard
[PDF 58K]
Michael Mussa
Discussion [PDF 9K] -
Private Capital Flows, Living with Volatility, and the New Architecture
[PDF 29K]
W Max Corden - Biographies of Contributors [PDF 21K]
- List of Conference Participants [PDF 8K]


