Description
Introduction Charles Wyplosz Part I: How has the IMF changed? 1. The Long-running Quest for IMF Reforms Michael Bordo and Harold James 2. The Future of the IMF and of Regional Cooperation in East Asia Yung Chul Park Part II: Exchange rate regimes: old debate, new answers 3. `Global Inflation and `The Proper Use of Policies under Fixed and Flexible Exchange Rates – A Personal Perspective on Two Themes of Alexanders Research Hans Genberg 4. Financial Stability Under Fixed and Flexible Exchange Rates: A Theoretical Note Olivier Jeanne 5. Exchange Rate Regimes and Capital Mobility: How Much of the Swoboda Thesis Survives? Barry Eichengreen 6. Exchange Rate Regimes and external Adjustment: New Answers to an Old Debate Atish Gosh and Jeronimo Zettelmeyer 7. Chins Exchange Rate Impasse and the Weak US Dollar Ronald McKinnon and Gunther Schnabl Part III: Central banking: a revolution under way? 8. Monetary Policy and Exchange Rates: Theory and Practice Stefan Gerlach and Cdric Tille 9. Central Banks Function to Maintain Financial Stability: An Uncompleted Task Charles Goodhart 10. Is Inflation Targeting Pass? Ulrich Kohli 11. Its What They Do, Not What They Say: How to Infer the Stabilization Objectives of a Central Bank Michael Salemi 12. For the Celebration of Alexander Swoboda upon his Retirement Paul Volcker
