As the globalization of financial markets continues, we urgently need to understand the crises that have plagued these markets and the policies best suited to preventing such crises in the future. In this book, a prominent group of economists and policymakers blend conceptual analysis and policy discussion in seven well-integrated papers, analyzing the nature of capital flows, alternative exchange-rate regimes, and the roles of international financial institutions. world's leading theorists and policy analysts examine the benefits and pitfalls of capital movements and controls. In the second...
As the globalization of financial markets continues, we urgently need to understand the crises that have plagued these markets and the policies best s...
The electricity market has experienced enormous setbacks in delivering on the promise of deregulation. In theory, deregulating the electricity market would increase the efficiency of the industry by producing electricity at lower costs and passing those cost savings on to customers. As "Electricity Deregulation" shows, successful deregulation is possible, although it is by no means a hands-off process in fact, it requires a substantial amount of design and regulatory oversight. This collection brings together leading experts from academia, government, and big business to discuss the...
The electricity market has experienced enormous setbacks in delivering on the promise of deregulation. In theory, deregulating the electricity market ...