Macroeconomic Stability and Financial Regulation: Key Issues for the G20

Mathias Dewatripont   Xavier Freixas   Richard Portes
2 March 2009

This new ebook analyzes a range of policy proposals for how the G20 process and the London Summit might bring about concrete, implementable results that can restore confidence and lead the way to recovery.


Click here to download the ebook (3.01 MB).

Macroeconomic Stability and Financial Regulation: Key Issues for the G20

Mathias Dewatripoint, Xavier Freixas and Richard Portes (eds.)

About the Contributors
Acknowledgements

Introduction, main policy proposals and summary

Global Imbalances
Richard Portes

The Global Crisis and Capital Flows to Emerging Markets
Philip Lane

The Risk of Deflation
Stefan Gerlach

Zero Interest Rate Policies and Quantitative Easing
Takatoshi Ito

Fiscal Sustainability
Willem Buiter

Financial Crises: Mechanisms, Prevention and Management
Markus Brunnermeier

Mitigating the Procyclicality of Basel II
Rafael Repullo, Jesús Saurina and Carlos Trucharte

The Regulation of Credit Derivative Markets
Hendrik Hakenes and Isabel Schnabel

Credit Ratings Failures: Causes and Policy Options
Marco Pagano and Paolo Volpin

The Treatment of Distressed Banks
Mathias Dewatripont and Jean Charles Rochet

Corporate Governance and the Credit Crisis
Marco Becht


Topics: Global crisis
 


Mathias Dewatripont
Professor at ECARES, Université Libre de Bruxelles and CEPR Research Director


Xavier Freixas
Dean of the Undergraduate School of Economics and Business Administration and Professor at the Universitat Pompeu Fabra; CEPR Research Fellow


Richard Portes
Professor of Economics at London Business School and President of CEPR.