1.WEB LINKINFORMATIONIMF&WORLD BANK:GENERALhttp://www.house.gov/jec/imf/lolr.pdf An International Lender of Last Resort, IMF and the Federal Reserve at http://www.imf.org/external/country/TTO/index Trinidad and Tobago and the IMF at .htm?pn=0http://216.239.59.104/search? William R. Cline, The Case for a Lender-of-Last Resort q=cache:oaLrbTyWAf8J:www.iie.com/publicat Role for the IMF, Center for Global Development and ions/papers/cline0905imf.pdf+ Institute for International Economics, September 23, %22Central+Bank 2005, %22+pdf+Lender+of+Last+Resort&hl=en&ct= clnk&cd=8&gl=uk Prof. J. Sachs, Do We Need an International Lender of http://www.earthinstitute.columbia.edu/about/di Last Resort, April, 2005 rector/pubs/intllr.pdfhttp://www.somc.rochester.edu/mar99/schwartzAnna J. Schwartz, Is There A Need For An International 399.pdf Lender Of Last Resort?, National Bureau of Economic Research, Shadow Open Market Committee, March 1999 http://www0.gsb.columbia.edu/faculty/fmishkin Frederic S. Mishkin, The International Lender of Last /PDFpapers/00KIEL.pdf Resort: What are the Issues? Kiel Week Conference on The World's New Financial Landscape: Challenges for Economic Policy, Kiel Institute of World Economics, Kiel, Germany, 2000 http://www.imf.org/external/pubs/ft/exrp/differ/David D. Driscoll, The IMF and the World Bank differ.htmHow Do They Differ? http://www.house.gov/jec/imf/imf.pdfIMF Financing: A review of the Issueshttp://www.worldsummit2002.org/index.htm?Bretton Woods Institutions http://www.worldsummit2002.org/guide/bretton woods.htm http://www.aei.org/publications/filter.all,pubID. New Mandates for the IMF and World Bank

2. 22353/pub_detail.asp http://www.aei.org/publications/filter.all,pubID. International Monetary Fund Reform 22621/pub_detail.asphttp://www.imf.org/external/country/CYP/index Cyprus and the IMF .htm http://scid.stanford.edu/pdf/SCID277.pdfArticle on China and the world Bank http://www.brettonwoodsproject.org/update/49/ Write up: The IMF and capital flight: Redesigning the bwupdt49_ai.pdf international financial architecture http://www.nber.org/Article: Olivier Jeanne, The International Lender of Last %7Econfer/2001/ccdf/jeanne.pdfResort: How Large Is Large Enough?http://www.mindfully.org/WTO/Joseph- Stiglitz-IMF17apr00.htm Very interesting : What I Learned at the World Economic Crisis.The InsiderJoseph Stiglitz / The New Republic 17apr00 http://archive.salon.com/news/feature/2000/05/Silencing Joseph Stiglitz The World Bank cuts its ties to 02/stiglitz/the economist who became an unlikely hero to world trade protesters. http://www.cgdev.org/content/article/detail/753 Critics plan offensive as IMF-World Bank crisis deepens 6/ http://www.cgdev.org/content/opinion/detail/31A new World Bank president. A new bank mission? 47/ [Chicago Tribune] Controversy over World Bank trade & poverty estimates http://www.cgdev.org/content/opinion/detail/54 31/ 3. World Bank Corruption Strategy: An Impolitic View http://www.cgdev.org/content/opinion/detail/11 670/The IMF and the World Bank Face Their Future http://www.cgdev.org/content/calendar/detail/7 387/http://web.worldbank.org/WBSITE/EXTERNA Interesting basic idea : What is World Bank? L/COUNTRIES/EASTASIAPACIFICEXT/EX TEAPREGTOPSOCDEV/0,,contentMDK:2025 4898~pagePK:34004173~piPK:34003707~theS itePK:502940,00.htmlCrisis-wracked IMF and World Bank meet in Singapore http://opinion.inquirer.net/inq7viewpoints/colu By Walden Bello mns/view_article.php?article_id=20909http://www.50years.org/action/s26/factsheet5.ht Essential Action ml http://www.bicusa.org/en/Article.2490.aspx Chad's Oil Revenue Management Experiment in Crisis http://www.ngos.net/un/fncrisis.html Quite interesting: The Financial Crisis at the United Nations http://www.rrojasdatabank.org/v1chp2b.htm The World Bank Group. Global Development Finance 1998 Causes of vulnerability http://www.counterpunch.org/kolko0726200Bankers Fear World Economic Meltdown By GABRIEL 6.htmlKOLKO http://www.genderaction.org/images/GA Very interesting: The Global Debt Crisis. International %20Gender%20Guide%20to%20WorldFinancial Institutions (IFIs), such as the World Bank %20Bank%20and%20IMF%20FINAL.pdf and IMF 4. http://www.seerecon.org/macedonia/wb/index.h World Bank Monthly Operational Summary, December tml2006The former Yugoslav Republic of Macedonia http://www.mofa.go.jp/policy/economy/asem/as Not too long: Second Asian-Europe Finance Ministers em2/state-f.pdfmeeting. http://www.zmag.org/Chomsky/rab/rab-1.html The World Bank, GATT and Free Tradehttp://lcweb2.loc.gov/frd/cs/profiles/Thailand.p In 2005 the World Bank was funding eight. Development df projects in Thailand. ... financial crisis of 1997, haverisen steadily to US$41 billion in 2003 http://www.house.gov/jec/imf/lolr.pdfAn International Lender of Last Resort, IMF and theFederal Reserve at http://www.imf.org/external/country/TTO/index Trinidad and Tobago and the IMF at .htm?pn=0http://216.239.59.104/search?William R. Cline, The Case for a Lender-of-Last Resort q=cache:oaLrbTyWAf8J:www.iie.com/publicatRole for the IMF, Center for Global Development and ions/papers/cline0905imf.pdf+Institute for International Economics, September 23, %22Central+Bank2005, %22+pdf+Lender+of+Last+Resort&hl=en&ct= clnk&cd=8&gl=ukProf. J. Sachs, Do We Need an International Lender of http://www.earthinstitute.columbia.edu/about/diLast Resort, April, 2005 rector/pubs/intllr.pdfhttp://www.somc.rochester.edu/mar99/schwartz Anna J. Schwartz, Is There A Need For An International 399.pdfLender Of Last Resort?, National Bureau of EconomicResearch, Shadow Open Market Committee, March 1999 http://www0.gsb.columbia.edu/faculty/fmishkinFrederic S. Mishkin, The International Lender of Last /PDFpapers/00KIEL.pdfResort: What are the Issues? Kiel Week Conference onThe World's New Financial Landscape: Challenges forEconomic Policy, Kiel Institute of World Economics,Kiel, Germany, 2000 http://www.imf.org/external/pubs/ft/exrp/differ/ David D. Driscoll, The IMF and the World Bank differ.htm How Do They Differ? 5. http://www.house.gov/jec/imf/imf.pdfIMF Financing: A review of the Issueshttp://www.worldsummit2002.org/index.htm?Bretton Woods Institutions http://www.worldsummit2002.org/guide/bretton woods.htm http://www.aei.org/publications/filter.all,pubID. New Mandates for the IMF and World Bank 22353/pub_detail.asp http://www.aei.org/publications/filter.all,pubID. International Monetary Fund Reform 22621/pub_detail.asphttp://www.imf.org/external/country/CYP/index Cyprus and the IMF .htm http://scid.stanford.edu/pdf/SCID277.pdfArticle on China and the world Bank http://www.brettonwoodsproject.org/update/49/ Write up: The IMF and capital flight: Redesigning the bwupdt49_ai.pdf international financial architecture http://www.nber.org/Article: Olivier Jeanne, The International Lender of Last %7Econfer/2001/ccdf/jeanne.pdfResort: How Large Is Large Enough? http://www.house.gov/jec/imf/lolr.pdf An International Lender of Last Resort, IMF and the Federal Reserve at http://www.imf.org/external/country/TTO/index Trinidad and Tobago and the IMF at .htm?pn=0http://216.239.59.104/search? William R. Cline, The Case for a Lender-of-Last Resort q=cache:oaLrbTyWAf8J:www.iie.com/publicat Role for the IMF, Center for Global Development and ions/papers/cline0905imf.pdf+ Institute for International Economics, September 23, %22Central+Bank 2005, %22+pdf+Lender+of+Last+Resort&hl=en&ct= clnk&cd=8&gl=uk Prof. J. Sachs, Do We Need an International Lender of http://www.earthinstitute.columbia.edu/about/di Last Resort, April, 2005 rector/pubs/intllr.pdf 6. http://www.somc.rochester.edu/mar99/schwartzAnna J. Schwartz, Is There A Need For An International 399.pdf Lender Of Last Resort?, National Bureau of Economic Research, Shadow Open Market Committee, March 1999 http://www0.gsb.columbia.edu/faculty/fmishkin Frederic S. Mishkin, The International Lender of Last /PDFpapers/00KIEL.pdf Resort: What are the Issues? Kiel Week Conference on The World's New Financial Landscape: Challenges for Economic Policy, Kiel Institute of World Economics, Kiel, Germany, 2000 http://www.imf.org/external/pubs/ft/exrp/differ/David D. Driscoll, The IMF and the World Bank differ.htmHow Do They Differ? http://www.house.gov/jec/imf/imf.pdfIMF Financing: A review of the Issueshttp://www.worldsummit2002.org/index.htm?Bretton Woods Institutions http://www.worldsummit2002.org/guide/bretton woods.htm http://www.aei.org/publications/filter.all,pubID. New Mandates for the IMF and World Bank 22353/pub_detail.asp http://www.aei.org/publications/filter.all,pubID. International Monetary Fund Reform 22621/pub_detail.asphttp://www.imf.org/external/country/CYP/index Cyprus and the IMF .htm http://scid.stanford.edu/pdf/SCID277.pdfArticle on China and the world Bank http://www.brettonwoodsproject.org/update/49/ Write up: The IMF and capital flight: Redesigning the bwupdt49_ai.pdf international financial architecture http://www.nber.org/Article: Olivier Jeanne, The International Lender of Last %7Econfer/2001/ccdf/jeanne.pdfResort: How Large Is Large Enough? 7. http://www.cgdev.org/content/publications/detai l/2781William Easterly 2002, An Identity Crisis? Testing IMF Financial Programming - Working Paper 9 8. http://216.239.59.104/search? Jim Saxton (R-NJ), Chairman Joint Economic Committee q=cache:XSIxtdGzUi4J:www.house.gov/jec/imf United States Congress 1998, Financial Crisis in /incentiv.pdf+IMF+financial+crises&hl=tr&ct=c Emerging Markets: Incentives and the IMF lnk&cd=24 ***http://papers.ssrn.com/sol3/papers.cfm? New York University 2004 WILLIAM EASTERLY, abstract_id=320113#PaperDownload An Identity Crisis? Examining IMF FinancialProgramminghttp://www.worldbank.org/fandd/english/0398/a rticles/0150398.htmWORLD ECONOMY IN TRANSITION CurrencyCrises the Role of Monetary Policy http://www.g77.org/index.htmlGroup of 77 at the United Nations home page http://www.twnside.org.sg/ Third World Networkhttp://www.gbld.org/ Database for Yale and Harvard University, IMF, WorldBank http://www.ecb.int/home/html/index.en.html European Central Bank http://www.federalreserve.gov/ The Federal Reserve of the United Statehttp://www.worldpress.org/americas/0302observ Argentina financial crisis ateur.htmhttp://www.answers.com/topic/east-asian- East Asian financial crisis financial-crisishttp://www.hartford- World history archives hwp.com/archives/50/index-a.htmlhttp://216.239.59.104/search?Article by Ylmaz Akyz. - Some Observations on the q=cache:yRK23J0h6qIJ:training.itcilo.org/decen Question of Coherence and Development. twork/StaffConf2005/resources/Session %2520II/S2%2520OECDCOHERENCE.pdf+y %C4%B1lmaz+aky %C3%BCz+articles&hl=tr&ct=clnk&cd=8 http://www.sunsonline.org/trade/process/follow Article- Development: Asian Model Replicable, Even in up/1998/12030198.htm Post-WTO World 9. http://www.bicusa.org/en/Article.2659.aspx BIC, Article- The future of the World Bank and theIMF http://www.realityofaid.org/roareport.php? Article- Creating the Conditions for the economic table=roa2002&id=8 collapsehttp://www.rgemonitor.com/redir.php? Article - Financial Integration, financial deepness and sid=1&tgid=45&cid=178729 global imbalances http://www.rgemonitor.com/redir.php? Article - On current account surpluses and the sid=1&tgid=45&cid=178728 correction of global imbalances http://www.stwr.net/component/option,com_fro A Very good resource website ntpage/Itemid,1/ http://www.oenb.at/en/img/wp134_tcm16-5102 Central Bank interventions, Communications and Interest 9.pdfRate Policy in Emerging European Economies (includingTurkey) written by Austrian National Bank http://www.rgemonitor.com/redir.php? Article- New Shocks and optimal monetary policy sid=1&tgid=45&cid=178727 http://www.house.gov/jec/publications/109/hipc International Economics Report June 2005 The debt of 06-07-05.pdf the poorest nations : A gold mine for development aid http://lists.essential.org/pipermail/stop- Reforming the IMF: Back to the Drawing Board imf/2006q1/001201.htmlhttp://www.sciencedirect.com/science?40 Articles about IMF and financial crisis _ob=ArticleListURL&_method=list&_ArticleLi stID=539102321&_sort=d&view=c&_acct=C00 0029838&_version=1&_urlVersion=0&_userid =585204&md5=fd9e870603d85cdad325bee0d8 98ee69 10. http://www.emerald- Charles R. Hickson and John D. Turner- Banking library.com/Insight/ViewContentServlet? Instability in South East Asia: causes and cures Filename=/published/emeraldfulltextarticle/pdf/ 0540990302.pdfhttp://www.g24.org/ Intergovernmental group of 24 home page http://www.50years.org/index.html US Network for Global Economic Justice (Very good website) http://www.bi-interactive.com/index.aspx? UK Economy Lang=en&MainPage=renderContent&StoryID= 120337&ReportID=171&Highlight=financial %20crisis#tophttp://www.ftse.com/Indices/FTSE_Emerging_FTSE Emerging Markets Markets/index.jsp http://www.reingex.com/enxpdoingbusiness.aspDoing business in emerging countries http://quote.bloomberg.com/apps/news? Is the IMF an Endangered Species in Asia?: William pid=10000039&cid=pesek&sid=aDypalC2I9SE Pesek Jr.http://www.economist.com/finance/displaystory. The IMF- Funding the fund cfm?story_id=8637836 http://www.businessweek.com/magazine/conten Business week online- Commentary: The IMF Should t/01_19/b3731102.htmQuitPlaying Politics http://www.ft.com/cms/s/f2ae1be8-2580-11db- Financial Times article- World Bank in broad anti- a12e-0000779e2340.htmlcorruption drive http://www.brazzilmag.com/content/view/2762/Brazil Magazine- World Bank praises Brazil for anti- 49/ corruption effort 11. http://www.guardian.co.uk/hearafrica05/story/0,The guardian 2005- 30bn debts write-off agreed 15756,1504252,00.htmlhttp://www.internationalviewpoint.org/spip.php? article137New world order or international instabilityhttp://www.regulationsite.com/s/banking_regula Banking Regulation web site tionshttp://www.treasury.gov.au/documents/1190/PD Greater international links in banking challenges for F/09_banking.pdf banking regulationhttp://www.stanford.edu/group/sjeaa/journal3/jaJapans Asian Monetary Fund proposal pan3.pdf http://www.jpri.org/publications/workingpapers/Japan Policy Research Institute(JPRI) working paper- wp55.htmlThe Case for an Asian Monetary Fundhttp://www.frbsf.org/econrsrch/wklyltr/wklyltr9Is there a case for Asian monetary fund? 9/el99-37.htmlhttp://www.thehindubusinessline.com/2005/05/1Article about Asian Monetary Fund 6/stories/2005051600291100.htmhttp://www.bankofengland.co.uk/publications/fs Bank of England 2004-Bank stability and transparency r/2004/fsr17art10.pdfhttp://emlab.berkeley.edu/users/eichengr/policy/ Barry Eichengreen 2001- Managing Financial Crisis crises_nov01.pdf http://www.nber.org/~confer/2003/ifmf03/corset University of Pennsylvania and New York University- ti.pdf International lending of last resort and moral hazard- Amodel of IMFs catalytic financehttp://www.bankofengland.co.uk/publications/fs Resolving sovereign debt crises: the market based r/2005/sovdebt.pdf approach and the role of the IMF http://www.nber.org/~confer/2005/si2005/ifm/yUniversity of Pennsylvania and New York ue.pdf University-Sovereign Default and Debt Renegotiation http://www.bcra.gov.ar/pdfs/eventos/Roubinii.p Nouriel Roubini, 2005 Lessons Learnt From Crises in df Emerging Market Economies 12. http://www.cema.edu.ar/publicaciones/downloaWorking paper- Valuation of Debt Indexed to Real d/documentos/307.pdfValues I-The case of the Argentinean Growth Coupon: a Simple Modelhttp://www.bcentral.cl/eng/policies/speeches/bo Central Bank of Chile, 2005 Toward Better Banking ardmembers/pdf/jdg30092005.pdfhttp://www.adb.org/Documents/Speeches/2005/ Asian Development Bank- De-Dollarization Strategies ms2005042.asp and Domestic Debt Markets in Emerging Economies"http://www.yale.edu/leitner/Vreeland.pdfThe International and Domestic Politics of IMF Programs http://muse.jhu.edu/journals/world_politics/v052 Johns Hopkins University Press- The High Politics of /52.1thacker.htmlIMF Lending http://www.bagimsizsosyalbilimciler.org/YazilaArticle- Fraud and Banking Crises: r_BSB/bartusoral2004.pdfEvidence from Micro-level Transactions Datahttp://www.lexisnexis.com/uk/legal/results/docv Journal of International Banking and Financial Law iew/docview.do? 1997- European Monetary Union: A Legal Analysis Of risb=21_T1153355280&format=GNBFULL&so The Budget Stability Pact rt=BOOLEAN&startDocNo=1&resultsUrlKey= 29_T1153355282&cisb=22_T1153355281&tree Max=true&treeWidth=0&csi=280100&docNo= 6 http://emlab.berkeley.edu/users/eichengr/review Article about do IMF programs cause moral hazard? s/swissreview7.pdfWhither IMF Reform? Barry Eichengreen-January 2001 http://ksghome.harvard.edu/~jfrankel/A_Propos John F. Kennedy School of Government ed_Monetary_Regime_for_Small_Commodity_ Harvard University Exporters_Peg_the_Export_Price.PDFFaculty Research Working Papers Series- A Proposed Monetary Regime for Small Commodity-Exporters: Peg the Export Price ("PEP") 13. http://www.bde.es/prensa/intervenpub/gobernadThe Future of Banking Supervision in Europe or/281005e.pdf Supervision of International Banks: Is a Bank Crisis stillPossible in Europe? European Banking Federation(FBE)-Jaime Caruana -Governor of the Banco de Espaa http://www.law.wayne.edu/tad/Documents/IMF/IMF Working Paper- Robbing the Riches: Capital IMF_capital_flight.pdf Flight,Institutions, and Instability http://www.imf.org/external/np/seminars/eng/20 ECB-IMF Workshop Synchronized Business Cycles in 04/ecbimf/pdf/schnab.pdf East Asia andFluctuations in the Yen/Dollar Exchange Rate http://www.bis.org/speeches/sp041006.htm Regulation and supervision in insurance and banking:Greater convergence, shared challengeshttp://www.ifg.org/imf_asia.html IMF's Role in the Asian Financial Crisishttp://www.cato.org/pubs/handbook/hb108/hb10 Policy recommendations for the 108th congress- 8-64.pdf International Financial Crises andthe IMF http://www2.gsb.columbia.edu/journals/files/cha David O. Beim, Columbia University 2001 What zen/Banking_Crises.pdfTriggers a Systemic Banking Crisis?http://siteresources.worldbank.org/DEC/600659- A Survey by Asl Demirg-Kunt and Enrica 1109953265771/20487471/Demirguc_Detragiac Detragiache, Cross-Country Empirical Studies of he_Cross_country_empirical_studies_of_bank_ Systemic Bank Distress distress.pdfhttp://129.3.20.41/eps/mac/papers/0012/001201Barry Eichengreen and Carlos Arteta 2000, Banking 2.pdfCrises in Emerging Markets: Presumptions andEvidence 14. http://www.bis.org/publ/bppdf/bispap28e.pdfAgustin Villar, Is financial stability policy now betterplacedto prevent systemic banking crises?http://mercury.soas.ac.uk/economics/workpap/aUniversity of London 2006 THE BALANCE SHEET dobe/WP149GC.pdf APPROACH TO FINANCIAL CRISESIN EMERGING MARKETS http://wwwtest.aup.edu/lacea2005/system/step2Bank of Canada, Bank Failures and Banking Sector _php/papers/arena_mare.pdf Resilience: A Comparative Analysis For LatinAmerica and East Asia During the Nineties at the Bank-Level Datahttp://siteresources.worldbank.org/INTDEBTDE World Bank, Mar 28, 2005 Operational Framework for PT/PublicationsAndReports/20478153/032805.p Debt Sustainability Assessments in Low-Income df Countries--Further Considerationshttp://www.unicatt.it/convegno/open_economy/Catholic University 2006 ,External Debt Sustainability Allegati/Arnone_Presbitero.pdf and Domestic Debt in Heavily Indebted Poor Countrieshttp://www.g7.utoronto.ca/ G8 Information Centrehttp://www.jubileeresearch.org/hipc/what_is_hi Jubilee Research- What is the HIPC Initiative? pc.htm http://www.50years.org/cms/updates/story/29IMF Admits HIPC failing Africahttp://www.law.harvard.edu/programs/pifs/pdfs/ LLM Research paper- The Conditionalities Pre-requisite nathan_kihungi.pdf For Admission into the World Bank/IMF HIPC Initiative:Suggestions for a Paradigm Shifthttp://www.frbsf.org/publications/economics/lett FRBSF Economic Letter 2005, What If Foreign er/2005/el2005-17.html Governments Diversified Their Reserves? 15. http://www.bundesbank.de/download/volkswirts DEUTSCHE BUNDESBANK Monthly Report July chaft/mba/2005/200507mba_en_exchange.pdf 2005, Exchange rates and interest rate differentials:recent developments since the introduction of the euro http://www.house.gov/jec/imf/lolr.pdfAn International Lender of Last Resort, IMF and theFederal Reserve at http://www.imf.org/external/country/TTO/index.h Trinidad and Tobago and the IMF at tm?pn=0http://216.239.59.104/search?William R. Cline, The Case for a Lender-of-Last Resort q=cache:oaLrbTyWAf8J:www.iie.com/publicatioRole for the IMF, Center for Global Development and ns/papers/cline0905imf.pdf+%22Central+Bank Institute for International Economics, September 23, %22+pdf+Lender+of+Last+Resort&hl=en&ct=cl2005, nk&cd=8&gl=uk Prof. J. Sachs, Do We Need an International Lender of http://www.earthinstitute.columbia.edu/about/dire Last Resort, April, 2005 ctor/pubs/intllr.pdfhttp://www.somc.rochester.edu/mar99/schwartz3Anna J. Schwartz, Is There A Need For An International 99.pdf Lender Of Last Resort?, National Bureau of EconomicResearch, Shadow Open Market Committee, March 1999 http://www0.gsb.columbia.edu/faculty/fmishkin/P Frederic S. Mishkin, The International Lender of Last DFpapers/00KIEL.pdf Resort: What are the Issues? Kiel Week Conference on The World's New Financial Landscape: Challenges for Economic Policy, Kiel Institute of World Economics, Kiel, Germany, 2000 http://www.imf.org/external/pubs/ft/exrp/differ/di David D. Driscoll, The IMF and the World Bank ffer.htm How Do They Differ? http://www.house.gov/jec/imf/imf.pdf IMF Financing: A review of the Issueshttp://www.worldsummit2002.org/index.htm? Bretton Woods Institutions http://www.worldsummit2002.org/guide/brettonw oods.htm http://www.aei.org/publications/filter.all,pubID.2 New Mandates for the IMF and World Bank 2353/pub_detail.asp 16. http://www.aei.org/publications/filter.all,pubID.2 International Monetary Fund Reform 2621/pub_detail.asphttp://www.imf.org/external/country/CYP/index.h Cyprus and the IMF tm http://scid.stanford.edu/pdf/SCID277.pdf Article on China and the world Bank http://www.brettonwoodsproject.org/update/49/b Write up: The IMF and capital flight: Redesigning the wupdt49_ai.pdf international financial architecture http://www.nber.org/ Article: Olivier Jeanne, The International Lender of Last %7Econfer/2001/ccdf/jeanne.pdf Resort: How Large Is Large Enough? http://www.house.gov/jec/imf/lolr.pdfAn International Lender of Last Resort, IMF and theFederal Reserve at http://www.imf.org/external/country/TTO/index.h Trinidad and Tobago and the IMF at tm?pn=0http://216.239.59.104/search?William R. Cline, The Case for a Lender-of-Last Resort q=cache:oaLrbTyWAf8J:www.iie.com/publicatioRole for the IMF, Center for Global Development and ns/papers/cline0905imf.pdf+%22Central+Bank Institute for International Economics, September 23, %22+pdf+Lender+of+Last+Resort&hl=en&ct=cl2005, nk&cd=8&gl=uk Prof. J. Sachs, Do We Need an International Lender of http://www.earthinstitute.columbia.edu/about/dire Last Resort, April, 2005 ctor/pubs/intllr.pdfhttp://www.somc.rochester.edu/mar99/schwartz3Anna J. Schwartz, Is There A Need For An International 99.pdf Lender Of Last Resort?, National Bureau of EconomicResearch, Shadow Open Market Committee, March 1999 http://www0.gsb.columbia.edu/faculty/fmishkin/P Frederic S. Mishkin, The International Lender of Last DFpapers/00KIEL.pdf Resort: What are the Issues? Kiel Week Conference on The World's New Financial Landscape: Challenges for Economic Policy, Kiel Institute of World Economics, Kiel, Germany, 2000 17. http://www.imf.org/external/pubs/ft/exrp/differ/di David D. Driscoll, The IMF and the World Bank ffer.htm How Do They Differ? http://www.house.gov/jec/imf/imf.pdf IMF Financing: A review of the Issueshttp://www.worldsummit2002.org/index.htm? Bretton Woods Institutions http://www.worldsummit2002.org/guide/brettonw oods.htm http://www.aei.org/publications/filter.all,pubID.2 New Mandates for the IMF and World Bank 2353/pub_detail.asp http://www.aei.org/publications/filter.all,pubID.2 International Monetary Fund Reform 2621/pub_detail.asphttp://www.imf.org/external/country/CYP/index.h Cyprus and the IMF tm http://scid.stanford.edu/pdf/SCID277.pdf Article on China and the world Bank http://www.brettonwoodsproject.org/update/49/b Write up: The IMF and capital flight: Redesigning the wupdt49_ai.pdf international financial architecture http://www.nber.org/ Article: Olivier Jeanne, The International Lender of Last %7Econfer/2001/ccdf/jeanne.pdf Resort: How Large Is Large Enough? http://www.cgdev.org/content/publications/detail /2781William Easterly 2002, An Identity Crisis? TestingIMF Financial Programming - Working Paper 9 http://216.239.59.104/search?Jim Saxton (R-NJ), Chairman Joint Economic q=cache:XSIxtdGzUi4J:www.house.gov/jec/imf/Committee incentiv.pdf+IMF+financial+crises&hl=tr&ct=clUnited States Congress 1998, Financial Crisis in nk&cd=24 Emerging Markets: Incentives and the IMF 18. ***http://papers.ssrn.com/sol3/papers.cfm?New York University 2004 WILLIAM EASTERLY, abstract_id=320113#PaperDownloadAn Identity Crisis? Examining IMF Financial Programminghttp://www.worldbank.org/fandd/english/0398/ar ticles/0150398.htm WORLD ECONOMY IN TRANSITION CurrencyCrises the Role of Monetary Policy http://www.g77.org/index.html Group of 77 at the United Nations home page http://www.twnside.org.sg/Third World Networkhttp://www.gbld.org/Database for Yale and Harvard University, IMF, World Bank http://www.ecb.int/home/html/index.en.htmlEuropean Central Bank http://www.federalreserve.gov/The Federal Reserve of the United Statehttp://www.worldpress.org/americas/0302observ Argentina financial crisis ateur.htmhttp://www.answers.com/topic/east-asian-East Asian financial crisis financial-crisishttp://www.hartford-World history archives hwp.com/archives/50/index-a.htmlhttp://216.239.59.104/search?Article by Ylmaz Akyz. - Some Observations on the q=cache:yRK23J0h6qIJ:training.itcilo.org/decen Question of Coherence and Development. twork/StaffConf2005/resources/Session%2520II/ S2%2520OECDCOHERENCE.pdf+y %C4%B1lmaz+aky %C3%BCz+articles&hl=tr&ct=clnk&cd=8 http://www.sunsonline.org/trade/process/followu Article- Development: Asian Model Replicable, Even p/1998/12030198.htm in Post-WTO Worldhttp://www.bicusa.org/en/Article.2659.aspxBIC, Article- The future of the World Bank and the IMF 19. http://www.realityofaid.org/roareport.php? Article- Creating the Conditions for the economic table=roa2002&id=8 collapsehttp://www.rgemonitor.com/redir.php? Article - Financial Integration, financial deepness and sid=1&tgid=45&cid=178729 global imbalances http://www.rgemonitor.com/redir.php? Article - On current account surpluses and the sid=1&tgid=45&cid=178728 correction of global imbalances http://www.stwr.net/component/option,com_fron A Very good resource website tpage/Itemid,1/ http://www.oenb.at/en/img/wp134_tcm16-51029Central Bank interventions, Communications and .pdf Interest Rate Policy in Emerging European Economies(including Turkey) written by Austrian National Bank http://www.rgemonitor.com/redir.php? Article- New Shocks and optimal monetary policy sid=1&tgid=45&cid=178727 http://www.house.gov/jec/publications/109/hipc International Economics Report June 2005 The debt of 06-07-05.pdf the poorest nations : A gold mine for development aid http://lists.essential.org/pipermail/stop- Reforming the IMF: Back to the Drawing Board imf/2006q1/001201.htmlhttp://www.sciencedirect.com/science?40 Articles about IMF and financial crisis _ob=ArticleListURL&_method=list&_ArticleLi stID=539102321&_sort=d&view=c&_acct=C00 0029838&_version=1&_urlVersion=0&_userid= 585204&md5=fd9e870603d85cdad325bee0d898 ee69 http://www.emerald-Charles R. Hickson and John D. Turner- Banking library.com/Insight/ViewContentServlet?Instability in South East Asia: causes and cures Filename=/published/emeraldfulltextarticle/pdf/0 540990302.pdfhttp://www.g24.org/Intergovernmental group of 24 home page 20. http://www.50years.org/index.html US Network for Global Economic Justice (Very good website) http://www.bi-interactive.com/index.aspx? UK Economy Lang=en&MainPage=renderContent&StoryID= 120337&ReportID=171&Highlight=financial %20crisis#tophttp://www.ftse.com/Indices/FTSE_Emerging_FTSE Emerging Markets Markets/index.jsp http://www.reingex.com/enxpdoingbusiness.aspDoing business in emerging countries http://quote.bloomberg.com/apps/news? Is the IMF an Endangered Species in Asia?: William pid=10000039&cid=pesek&sid=aDypalC2I9SE Pesek Jr.http://www.economist.com/finance/displaystory.The IMF- Funding the fund cfm?story_id=8637836 http://www.businessweek.com/magazine/contentBusiness week online- Commentary: The IMF Should /01_19/b3731102.htm QuitPlaying Politics http://www.ft.com/cms/s/f2ae1be8-2580-11db- Financial Times article- World Bank in broad anti- a12e-0000779e2340.htmlcorruption drive http://www.brazzilmag.com/content/view/2762/4 Brazil Magazine- World Bank praises Brazil for anti- 9/corruption efforthttp://www.guardian.co.uk/hearafrica05/story/0, The guardian 2005- 30bn debts write-off agreed 15756,1504252,00.htmlhttp://www.internationalviewpoint.org/spip.php? article137New world order or international instabilityhttp://www.regulationsite.com/s/banking_regulat Banking Regulation web site ions 21. http://www.treasury.gov.au/documents/1190/PD Greater international links in banking challenges for F/09_banking.pdf banking regulationhttp://www.stanford.edu/group/sjeaa/journal3/jaJapans Asian Monetary Fund proposal pan3.pdf http://www.jpri.org/publications/workingpapers/Japan Policy Research Institute(JPRI) working paper- wp55.htmlThe Case for an Asian Monetary Fundhttp://www.frbsf.org/econrsrch/wklyltr/wklyltr9Is there a case for Asian monetary fund? 9/el99-37.htmlhttp://www.thehindubusinessline.com/2005/05/1Article about Asian Monetary Fund 6/stories/2005051600291100.htmhttp://www.bankofengland.co.uk/publications/fsr Bank of England 2004-Bank stability and transparency /2004/fsr17art10.pdfhttp://emlab.berkeley.edu/users/eichengr/policy/ Barry Eichengreen 2001- Managing Financial Crisis crises_nov01.pdf http://www.nber.org/~confer/2003/ifmf03/corset University of Pennsylvania and New York University- ti.pdf International lending of last resort and moral hazard- Amodel of IMFs catalytic financehttp://www.bankofengland.co.uk/publications/fsr Resolving sovereign debt crises: the market based /2005/sovdebt.pdf approach and the role of the IMF http://www.nber.org/~confer/2005/si2005/ifm/yu University of Pennsylvania and New York e.pdfUniversity-Sovereign Default and Debt Renegotiation http://www.bcra.gov.ar/pdfs/eventos/Roubinii.pd Nouriel Roubini, 2005 Lessons Learnt From Crises in f Emerging Market Economies http://www.cema.edu.ar/publicaciones/downloadWorking paper- Valuation of Debt Indexed to Real /documentos/307.pdfValues I-The case of the Argentinean Growth Coupon:a Simple Modelhttp://www.bcentral.cl/eng/policies/speeches/boa Central Bank of Chile, 2005 Toward Better Banking rdmembers/pdf/jdg30092005.pdf 22. http://www.adb.org/Documents/Speeches/2005/Asian Development Bank- De-Dollarization Strategies ms2005042.aspand Domestic Debt Markets in Emerging Economies"http://www.yale.edu/leitner/Vreeland.pdf The International and Domestic Politics of IMFPrograms http://muse.jhu.edu/journals/world_politics/v052 Johns Hopkins University Press- The High Politics of /52.1thacker.htmlIMF Lending http://www.bagimsizsosyalbilimciler.org/YazilarArticle- Fraud and Banking Crises: _BSB/bartusoral2004.pdfEvidence from Micro-level Transactions Datahttp://www.lexisnexis.com/uk/legal/results/docvi Journal of International Banking and Financial Law ew/docview.do? 1997- European Monetary Union: A Legal Analysis Of risb=21_T1153355280&format=GNBFULL&so The Budget Stability Pact rt=BOOLEAN&startDocNo=1&resultsUrlKey= 29_T1153355282&cisb=22_T1153355281&tree Max=true&treeWidth=0&csi=280100&docNo= 6 http://emlab.berkeley.edu/users/eichengr/reviews Article about do IMF programs cause moral hazard? /swissreview7.pdfWhither IMF Reform? Barry Eichengreen-January2001 http://ksghome.harvard.edu/~jfrankel/A_Propose John F. Kennedy School of Government d_Monetary_Regime_for_Small_Commodity_E Harvard University xporters_Peg_the_Export_Price.PDFFaculty Research Working Papers Series- A ProposedMonetary Regime for SmallCommodity-Exporters: Peg the ExportPrice ("PEP") http://www.bde.es/prensa/intervenpub/gobernadThe Future of Banking Supervision in Europe or/281005e.pdf Supervision of International Banks: Is a Bank Crisisstill Possible in Europe? European BankingFederation (FBE)-Jaime Caruana -Governor of theBanco de Espaa 23. http://www.law.wayne.edu/tad/Documents/IMF/ IMF Working Paper- Robbing the Riches: Capital IMF_capital_flight.pdfFlight, Institutions, and Instability http://www.imf.org/external/np/seminars/eng/20ECB-IMF Workshop Synchronized Business Cycles in 04/ecbimf/pdf/schnab.pdfEast Asia and Fluctuations in the Yen/Dollar Exchange Rate http://www.bis.org/speeches/sp041006.htmRegulation and supervision in insurance and banking: Greater convergence, shared challengeshttp://www.ifg.org/imf_asia.htmlIMF's Role in the Asian Financial Crisishttp://www.cato.org/pubs/handbook/hb108/hb10Policy recommendations for the108th congress- 8-64.pdfInternational Financial Crises and the IMF http://www2.gsb.columbia.edu/journals/files/cha David O. Beim, Columbia University 2001 What zen/Banking_Crises.pdfTriggers a Systemic Banking Crisis?http://siteresources.worldbank.org/DEC/600659-A Survey by Asl Demirg-Kunt and Enrica 1109953265771/20487471/Demirguc_Detragiac Detragiache, Cross-Country Empirical Studies of he_Cross_country_empirical_studies_of_bank_dSystemic Bank Distress istress.pdfhttp://129.3.20.41/eps/mac/papers/0012/0012012Barry Eichengreen and Carlos Arteta 2000, Banking .pdfCrises in Emerging Markets: Presumptions and Evidencehttp://www.bis.org/publ/bppdf/bispap28e.pdf Agustin Villar, Is financial stability policy now better placed to prevent systemic banking crises?http://mercury.soas.ac.uk/economics/workpap/adUniversity of London 2006 THE BALANCE SHEET obe/WP149GC.pdf APPROACH TO FINANCIAL CRISES IN EMERGING MARKETS 24. http://wwwtest.aup.edu/lacea2005/system/step2_ Bank of Canada, Bank Failures and Banking Sector php/papers/arena_mare.pdfResilience: A Comparative Analysis For LatinAmerica and East Asia During the Nineties at the Bank-Level Datahttp://siteresources.worldbank.org/INTDEBTDE World Bank, Mar 28, 2005 Operational Framework for PT/PublicationsAndReports/20478153/032805.pDebt Sustainability Assessments in Low-Income df Countries--Further Considerationshttp://www.unicatt.it/convegno/open_economy/Catholic University 2006 ,External Debt Sustainability Allegati/Arnone_Presbitero.pdf and Domestic Debt in Heavily Indebted Poor Countrieshttp://www.g7.utoronto.ca/ G8 Information Centrehttp://www.jubileeresearch.org/hipc/what_is_hipJubilee Research- What is the HIPC Initiative? c.htm http://www.50years.org/cms/updates/story/29IMF Admits HIPC failing Africahttp://www.law.harvard.edu/programs/pifs/pdfs/ LLM Research paper- The Conditionalities Pre- nathan_kihungi.pdf requisite For Admission into the World Bank/IMF HIPCInitiative: Suggestions for a Paradigm Shifthttp://www.frbsf.org/publications/economics/lett FRBSF Economic Letter 2005, What If Foreign er/2005/el2005-17.html Governments Diversified Their Reserves? 25. http://www.bundesbank.de/download/volkswirts DEUTSCHE BUNDESBANK Monthly Report July chaft/mba/2005/200507mba_en_exchange.pdf 2005, Exchange rates and interest rate differentials:recent developments since the introduction of the euro 26. http://en.wikipedia.org/wiki/Central_bankRole, Policy Instruments, Supervision, Independence,HistoryA useful introductory piece on the character and role ofa central bank; not country specific. Ranking: Good. http://www.ecb.int/ecb/educational/facts/monpolRole of the European Central Bank, the Eurosystem, /html/index.en.htmlRole and Importance of Monetary Policy, etc. Variousslides on various topics accessible, and links to fullerdiscussions on difficult points available. A very usefuloverview of the European Central Banking System.Ranking: Excellent. A must read for an understanding ofthe EU system http://www.centralbanking.co.uk/links/ Alphabetical listing of all central banks around theworld. Official government sites. Extent of contentvaries. Some of the websites are still under construction.Nonetheless, an extremely useful presentation ofcountry outlooks, structure and role of Central Banks.Rating: Excellent http://www.reservebank.co.za/sadc/sadc.nsf SADC Website presenting the activity areas of centralbanks in sub-Saharan African states. Note particularlythe Integrated Paper by the Governor of the CentralBank of Namibia. Paper presents integrated data of allSouth African Development Cooperation countriesCentral Banking activity. Rating: Good. Compareinformation here to individual activities of therespective central banks in the links in (3) above. http://www.nytimes.com/2007/01/02/business/02 A New York Times piece indicating shifting attitudes to cnd-dollar.html? dollar reserves. Good article for general information ex=1325394000&en=a308b339b0164c04&ei=50 especially noting that most countries use the dollar as 88&partner=rssnyt&emc=rsstheir current transactions denomination. Ranking: Good http://www.answers.com/topic/central-bankDefinitions and some useful links. The links are ofparticular note on the various concepts. Ranking: useful. http://www.investopedia.com/articles/forex/06/C List of the 8 Major Central Banks and short excerpts on entralBanks.asptheir roles. Ranking: Good http://research.stlouisfed.org/publications/review A comparative Piece on the EU Central Bank and the /03/01/Pollard.pdf American Federal Reserve. Article by Patricia PollardRanking: an excellent article. 20 pages long, andcontaining a useful and accessible presentation of thekey roles and terms/concepts of the role of centralbanks. http://www.wider.unu.edu/publications/rps/rps20 Explores the various themes of the Central Bank from 06/rp2006-54.pdf an economic perspective. Ranking: Excellent. Length ofarticle: 22p. http://www.kc.frb.org/PUBLICAT/SYMPOS/19 A piece by Stanley Fischer on the importance of 96/pdf/s96fisch.pdfachieving price stability and the Central Banks role inthat process. An econometric article, 28 p long, butuseful in presenting concepts and ideas clarifying therole of central banks in specific sectors of the economy. http://www.cege.wiso.uni-Corruption at Central Banks by the Centre for goettingen.de/Dokumente/Diskussion/discuss_16 Globalization etc. Paper by Johan Graf and Michael .pdf Schinke. Length: 17 p. 27. http://www.gao.gov/n Challenges Remain in IMFs ability to Anticipate,Prevent , and Resolve Financial Crises, Report to theChairman, the Committee on Financial Services, and tothe Vice Chairman, Joint Economic Committee, Houseof Representativehttp://www.brettonwoodsproject.org Critical voices on IMF and World Bankhttp://proquest.umi.com/pqdweb?IMF/World Bank: Vision Quest, by Tom Buerkle, index=8&did=783614081&SrchMode=1&sid=2 Institutional Investor &Fmt=3&VInst=PROD&VType=PQD&RQT=3 09&VName=PQD&TS=1171970380&clientId=9 678#fulltext http://www.macua.org/Howard_Stein.pdfThe World Bank and the IMF in Africa: Strategy andRoutine in the Generation of a Failed Agenda byHoward Steinhttp://www.fifoost.org/allgemein/divers/imf/inde IMF Articles x.php http://papers.ssrn.com/sol3/papers.cfm?International Monetary Fund: Organization, Functions abstract_id=540482 and Role in the International Economy, by Jonathan E.Sanford and Martin A. Weisshttp://papers.ssrn.com/sol3/papers.cfm?The Effect of International Monetary Fund and World abstract_id=632587 Bank Programs on Poverty, by William Easterlyo http://papers.ssrn.com/sol3/papers.cfm?Debt Sustainability, Brazil, and the IMF, by Morris abstract_id=384022 Goldstein WP 2003 o http://papers.ssrn.com/sol3/papers.cfm? abstract_id=387880 http://www.jbic.go.jp/english/research/report/disc The Impact of IMF Economic Policies on Poverty ussion/pdf/dp04_e.pdfReduction in Low-Income Countries, by Sayuri ShiraiDiscussion Paper NO.4 August 2003 JBICINSTITUTEhttp://www.springerlink.com/content/43242uu61Evaluating the Impact of IMF Programs: A 668n545/fulltext.pdf Comparison of Matching and Instrumental-variableestimators, by Ruben Atoyan and Patrick Conwaywww.highbeam.com A Research Work Sitehttp://www.cass.city.ac.uk/facfin/papers/WP2005The Impact of IMF Announcements on Real Versus /WP15_Kutan_Muradoglu.pdfFinancial Sectors Returns by Ali M Kutan and GulnurMuradogluhttp://www.wellesley.edu/Economics/joyce/cours Joseph P Joyce Department of Economics, Wellesley es.htmlCollege, Wellesley, MA http://falcon.arts.cornell.edu/Govt/PERC_files/nel Conditional Credibility: Explaining the Impact of the 28. son%20and%20wallace%20IMF%20APSA IMF on Democratization by Stephen Nelson and %20Paper%5B1%5D.%20final.2.pdf Geoffrey Wallace, Cornell University Department ofGovernment http://econ.ucsc.edu/~kkletzer/imf_capital_mkts_ The IMF in the World of Private Capital Markets by rev.pdfBarry Eichengreen, Kenneth Kletzer and Ashoka Modyhttp://www.e.u-IMF Programs: Who are Chosen and What are the tokyo.ac.jp/cirje/research/workshops/macro/macrEffects? By Robert J.Barro Harvard University and opaper02/lee.pdf Jong-Wha Lee Korea Universityhttp://www.g8.utoronto.ca/search.htmlhttp://weber.ucsd.edu/~jlbroz/PEimf_blomberg_b The Political Economy of IMF Voting Power by Block roz_IPES.pdf Blomberg and J Lawrance Brazhttp://www.treasury.gov.au/documents/929/PDF/IMF Quotas, Representation, AND Governance by Treasury_Working_Paper_2004-03.pdf Karen Taylor, Craig Tipping and Adam MckissackTreasury Working 2004-3http://www.globalpolicy.org/socecon/bwi- Global Policy Forum wto/imf/index.htm http://www.helsinki.fi/iehc2006/papers2/BoughtoIMF and the Force of History: Ten Events and Ten n.pdfIdeas that have shaped the Institution, by James M.Bougtonhttp://www1.worldbank.org/operations/disclosureThe World Bank Policy on Disclosure of Information /documents/disclosurepolicy.pdf2002 http://www.jceps.com/index.php?The World Bank and Privatization of Public Education: pageID=article&articleID=44A Mexican Perspectivehttp://www.iie.com/publications/chapters_previeLending Facilities w/3985/05iie3985.pdf http://www.hartford-hwp.com/archives/25/index- The History of World Bank( World History Archives) bb.htmlhttp://www.imf.org/external/np/sec/pr/2004/pr0 Statement by an IMF Article IV Staff Mission to 4249.htm Panama http://www.cgdev.org/content/article/detail/753Critics plan offensive as IMF-World Bank crisis 6/ deepenshttp://www.cgdev.org/content/opinion/detail/31 A new World Bank president. A new bank mission? 47/[Chicago Tribune]Controversy over World Bank trade & poverty http://www.cgdev.org/content/opinion/detail/54estimates 31/ 29. World Bank Corruption Strategy: An Impolitic View http://www.cgdev.org/content/opinion/detail/11 670/The IMF and the World Bank Face Their Future http://www.cgdev.org/content/calendar/detail/7 387/http://web.worldbank.org/WBSITE/EXTERNA Interesting basic idea: What is World Bank? L/COUNTR IES/EASTASIAPACIFICEXT/EXTEAPREGT OPSOCDEV/0,,contentMDK:20 254898~pa gePK:34004173~piPK:34003707~theSitePK:5 02940,00.htmlhttp://opinion.inquirer.net/inq7viewpoints/colu Crisis-wracked IMF and World Bank meet in mns/view_article.php?article_id=20909 Singapore By Walden Bellohttp://www.50years.org/action/s26/factsheet5.hEssential Action tmlhttp://www.rrojasdatabank.org/v1chp2b.htm The World Bank Group. Global Development Finance 1998 Causes of vulnerability http://www.zmag.org/Chomsky/rab/rab-1.htmlThe World Bank, GATT and Free Trade http://lcweb2.loc.gov/frd/cs/profiles/Thailand.pIn 2005 the World Bank was funding eight. dfDevelopment projects in Thailand. ... financial crisis of 1997, have risen steadily to US$41 billion in 2003http://www.ess.uwe.ac.uk/kosovo/Kosovo- THE ROLE OF THE WORLD BANK IN THE Economic_News2.htmKOSOVO CRISIS Financial crisis moves to Russia and then Brazil. Argentina enters ... Bank, the World Bank, Spain, and http://fpc.state.gov/documents/organization/8040. private lenders pdf http://www.thestreetspirit.org/June2006/bank.htmShort and interesting : IMF and World Bank Face a Crisis of Legitimacy 30. http://www.worldbank.org/wbi/governance/about. World Bank Institute Governance & Anti-Corruption html http://psdblog.worldbank.org/psdblog/2006/09/caCan the World Bank fight Corruption? n_the_world_b.html http://www.worldbank.com The World Bank is a vital source of financial andtechnical assistance to developing countries around theworld. http://www.ifc.org/The International Finance Corporation is the privatesector arm of the World Bank Group. IFC promotessustainable private sector development in developingcountries. Our particular focus is to promote economicdevelopment by encouraging the growth of productiveenterprise and efficient capital markets in our membercountries. http://www.imf.org/external/country/pan/index.htPanama and the IMF m http://www.imf.org/External/NP/LOI/2002/bra/02 BrazilLetter of Intent, /index.htm Memorandum of Economic and Financial Policies,and Technical Memorandum of UnderstandingBraslia, June 5, 2002 http://www.imf.org/external/NP/LOI/2000/pan/01 Letter of Intent of the government of Panama, /INDEX.HTM Panama City, PanamaJune 12, 2000 http://www.imf.org/external/pubs/ft/scr/2006/cr0 Panama: Report on the Observance of Standards and 6387.pdf Codes Data Module; Response by the Authorities;and Detailed Assessments Using the Data QualityAssessment Framework 2006 International MonetaryFund October 2006 IMF Country Report No. 06/387 http://www.imf.org/external/pubs/ft/scr/2006/cr0 Panama: 2003 Article IV ConsultationStaff Report; 6130.pdf Staff Statement; Public Information Notice on theExecutive Board Discussion; and Statement by theExecutive Director for Panama 2006 International Monetary FundApril 2006 IMF Country Report No. 06/130(Under Article IV of the IMFs Articles of Agreement,the IMF holds bilateral discussions withMembers, usually every year.) http://www.imf.org/external/country/cri/index.ht Costa Rica ande the IMF m http://www.imf.org/external/np/sec/pr/2007/pr07Statement by IMF Managing Director Rodrigo de Rato 20.htm at the Conclusion of His Visit to Costa Rica Press 31. Release No. 07/20 February 2, 2007 http://www.ifc.org/ifcext/lac.nsf/Content/Selected IFC Summary of Project Informacin: Project Number Project? 11616, Darby-BBVA Latin America Private Equity OpenDocument&UNID=00AF1017A826670685 Fund. 256BDB0079D054 http://www.imf.org/external/np/ofca/2001/eng/paINTERNATIONAL MONETARY FUND n/083101.pdf Monetary and Exchange Affairs DepartmentPANAMA MODULE 2BANKING SECTORASSESSMENT August 2001http://www.imf.org/external/pubs/ft/wp/2006/wp Regulatory Lessons from the Crisis of the 06288.pdfCosta Ricas Mutual Fund Industry. Ana Carvajal 2006 International Monetary Fund WP/06/288In 2004, the mutual fund industry of Costa Ricaexperienced a massive run by investors thatReduced the industry to half its size in a month. Thispaper explores how weaknesses in theRegulatory framework played a role in the crisis anddraws lessons for developing countries.The analysis of events demonstrates the need fordeveloping countries to design a multi-pillarframework for securities regulation as well as tostrengthen financial literacy and capacityBuilding. At the micro level it shows the importance ofmarket conduct rules and theChallenges that the implementation of mark-to-marketposes for developing markets. http://www.imf.org/external/pubs/ft/wp/2006/wp Regulatory Lessons from the Crisis of the 06288.pdfCosta Ricas Mutual Fund Industry. Ana Carvajal 2006 International Monetary Fund WP/06/288In 2004, the mutual fund industry of Costa Ricaexperienced a massive run by investors thatReduced the industry to half its size in a month. Thispaper explores how weaknesses in theRegulatory framework played a role in the crisis anddraws lessons for developing countries.The analysis of events demonstrates the need fordeveloping countries to design a multi-pillarframework for securities regulation as well as tostrengthen financial literacy and capacityBuilding. At the micro level it shows the importance ofmarket conduct rules and theChallenges that the implementation of mark-to-marketposes for developing markets. http://www.imf.org/External/Pubs/FT/staffp/2005Banking on Foreigners: /04/pdf/peria.pdfThe Behavior of International Bank Claimson Latin America, 19852000MARIA SOLEDAD MARTINEZ PERIA, ANDREWPOWELL, 32. AND IVANNA VLADKOVA-HOLLAR*The significant rise in foreign bank claims observedduring the 1990s, following their steep decline duringthe 1980s debt crisis, reignited interest in understandingthe behaviour of these flows. This paper analyzeschanges in foreign bank claims on the Latin Americanprivate sector over the period 19852000. We find thatbanks transmit shocks from their home countries(where banks headquarters are located) and thatchange in claims on individual host countries (thosethat receive claims) are correlated with aggregatechanges in claims on other countries.However, over time, we observe that foreign bankclaims have become less responsive to external factors.Also, we present evidence that the sensitivity of foreignbank claims to host factors diminishes, as banksaggregate exposure rises.Finally, we find that foreign bank claims react more topositive than to negative host shocks and are notsignificantly curtailed during crises. [JEL G21, N26] http://www.imf.org/external/pubs/ft/wp/2006/wp The Optimal Level of International 06229.pdfReserves for Emerging Market Countries:Formulas and ApplicationsOlivier Jeanne and Romain Rancirehttp://www.mindfully.org/WTO/Joseph-Stiglitz- IMF17apr00.htm Very interesting: What I Learned at the WorldEconomic Crisis. The Insider Joseph Stiglitz / The New Republic 17apr00 http://archive.salon.com/news/feature/2000/05/02 Silencing Joseph Stiglitz The World Bank cuts its ties /stiglitz/ to the economist who became an unlikely hero to worldtrade protesters.http://www.economist.com/research/articlesBySu bject/displayStory.cfm?IMF Funding subjectid=526358&story_id=8637836http://www.economist.com/research/articlesBySu bject/displayStory.cfm?Reform IMF Quotas story_id=7843295&subjectid=526358http://www.imf.org/external/np/pdr/sdrm/2003/01INTERNATIONAL MONETARY FUND 2803.pdf Crisis Resolution in the Context of Sovereign DebtRestructuring: A Summary of 33. ConsiderationsThe Role of IMF in Financial Crisis Resolution http://www.imf.org/external/np/pdr/sdrm/2003/08INTERNATIONAL MONETARY FUND Reviewing 0103.pdf the Process for Sovereign Debt Restructuring withinthe Existing Legal Frameworkhttp://papers.nber.org/papers/W8951IMF PROGRAMS: WHO IS CHOSEN AND WHATARE THE EFFECTShttp://www.wellesley.edu/Economics/wkpapers/ THROUGH A GLASS DARKLY: WP2002-04.pdfNEW QUESTIONS (AND ANSWERS) ABOUT IMFPROGRAMShttp://www.imf.org/external/np/speeches/2004/06Crisis Resolution: What the Fund is Doing 2204.htmhttp://www.imf.org/external/pubs/ft/ar/2006/eng/ pdf/file6.pdfStrengthening IMF Program support and crisisresolutionhttp://www.bis.org/review/r060403d.pdf Bandid Nijathaworn: Some thoughts on IMF reform oncrisis prevention and crisis resolutionhttp://www.imf.org/external/np/pp/eng/2005/092 105.htmProgress Report on Crisis Resolution http://www.imf.org/external/pubs/cat/longres.cfm A Balance Sheet Approach to Financial Crisis ?sk=16167.0II. WORLD BANK Specialized Editions on the World Bank http://wbro.oxfordjournals.org/The World Bank Observerhttp://wber.oxfordjournals.org/current.dtl The World Bank Economic Review Reforming the world bankhttp://www.foreignaffairs.org/20060101facommeReforming the World Bank (Foreign affairs) nt85103/jessica-einhorn/reforming-the-world- bank.html 34. Governance and anticorruption http://web.worldbank.org/WBSITE/EXTERNAL/ WBI/EXTWBIGOVANTCOR/0,,menuPK:17405 Governance & Anti-Corruption 42~pagePK:64168427~piPK:64168435~theSiteP K:1740530,00.html http://www.findarticles.com/p/articles/mi_m0JQP /is_396/ai_n17093886Killersting: the World Bank has vowed to tackle corruption and fight for transparency in the development programmes it funds. In light of this Sandhya Srinivasan takes a close look at one of its pet programmes in India Fight against poverty http://www.worldpress.org/Americas/2066.cf Fight against povertymhttp://www.imf.org/external/pubs/ft/staffp/2000/0 0-00/e.pdfThe effect of IMF and World Bank Programmes on Povertyhttp://www.gprg.org/news- The world Banks contribution to poverty alleviation comms/comm-004.htm Globalization challenges http://www.findarticles.com/p/articles/mi_m0QL Q/is_3_20/ai_n15335258 World Bank conditionalityhttp://www.nottingham.ac.uk/economics/credit/re Compliance with World Bank Conditionality: search/papers/CP.03.20.pdfImplications for the Selectivity Approach to Policy-Based Lending and the Design of Conditionalityhttp://siteresources.worldbank.org/PROJECTS/R Review of World Bank Conditionality (by the World esources/40940-1114615847489/webConditionaliBank) tysept05.pdf 35. http://www.g8.utoronto.ca/governance/santiso200 GOVERNANCE CONDITIONALITY AND THE 2-gov7.pdfREFORM OF MULTILATERAL DEVELOPMENT FINANCE: THE ROLE OF THE GROUP OF EIGHThttp://www.alertnet.org/thenews/newsdesk/N053World Bank reduces loan conditions, UK frees funds 52397.htm(Reuters)http://www.worldbank.org/html/extpb/annrep97/g ender.htmMajor World Bank Programs http://www.imf.org/external/np/pdr/cond/2002/enStrengthening IMF-World Bank Collaboration on g/collab/coll.htmCountry Programs and ConditionalityProgressReportWorld Bank should link loans to press freedom World Bank should link loans to press freedom http://www.iht.com/articles/2006/04/04/opinion/e dhoffman.phphttp://www.eurodad.org/articles/default.aspx?World Bank and IMF conditionality: a development id=711 injustice World Bank Lendinghttp://www.rgemonitor.com/blog/roubini/94571Should World Bank Loans Be Made to Middle IncomeCountries Such as China?http://web.worldbank.org/WBSITE/EXTERNAL/ NEWS/0,,date:2005-08-08~menuPK:34461~page World Bank Is Criticized On Loans To China PK:34392~piPK:64256810~theSitePK:4607,00.ht ml#Story0World Bank-rupt http://www.aei.org/publications/pubID.22433,filt er.all/pub_detail.asphttp://www.ids.ac.uk/ids/bookshop/wp/wp231.pdfWhy and how to aid Middle Income Countrieshttp://siteresources.worldbank.org/COUNTRIES/Report of the Task Force on the World Bank Group and Resources/mictf.pdfthe Middle Income Countries http://quote.bloomberg.com/apps/news? 36. pid=10000039&cid=mukherjee&sid=alqHbxZTfWorld Bank Must Keep Lending to China, Not Cut: mA8 Andy Mukherjeehttp://www.servicesforall.org/html/worldbank/ "Moving Money in Middle-Income Countries (MICs): moving_money.shtmlThe Banks Proposed Strategy and Implications for the Issues of Corruption and Infrastructure Developmenthttp://www.ft.com/cms/s/d16ac69c-3f45-11da-93 2f-00000e2511c8.htmlWorld Bank president defends loans for China http://www.eurodad.org/articles/default.aspx? id=724The World Bank Development Policy Lending retrospective: looking backwards or going forward?http://www.brettonwoodsproject.org/article.shtmlRebranding adjustment: the World Bank and ? development policy support lending cmd[126]=i-126-62aaef6b4c1f58b6a55698e4686 3c23ahttp://www.findarticles.com/p/articles/mi_m0QL Q/is_3_20/ai_n15335258Addressing the Challenges of Globalization: An Independent Evaluation of the World Bank's Approach to Global Programs Grantshttp://www.guardian.co.uk/international/story/0,3 Short blocks US plan for World Bank grants 604,634584,00.html http://www.imf.org/external/pubs/cat/longres.cfmThe Political Economy of Conditional and ?sk=17175.0 Unconditional Foreign Assistance: Grants vs. Loan Rollovershttp://siteresources.worldbank.org/INTSMALLGMAKING A LITTLE GO A LONG WAY: How the RANTS/64168360-1113891163797/20507376/S World Banks Small Grants Program Promotes Civic mGP+Evaluation+Final+Report2.pdfEngagementIMF&TURKEYhttp://lnweb18.worldbank.org/ECA/eca.nsf/0bd98 265465ae3da852567d1001493cd/7e9a5e38a2f39 World Bank paper about Turkey 46385256c3e0052c28e/$FILE/Turkey %20Country%20Brief.pdf 37. http://www.imf.org/External/NP/LOI/2006/tur/11Turkey: Letter of Intent 2706.pdf http://home.ku.edu.tr/~cakcay/ozataysak.pdf The 2000-2001 Financial Crisis in Turkey http://www.bilkent.edu.tr/~yeldane/Turkey_June2 University research paper about Turkey 2001-2004 004.pdf IMF Strangulation, Tightening Debt Trap and Lopsided Recovery http://www.tcmb.gov.tr/research/cbreview/july03 Research from Central Bank of Turkey about -1.pdfBalance Sheet Exchange Rate Exposure, Investment and Firm Value: Evidence from Turkish Firms http://www.morganstanley.com/views/gef/archive Turkey: Curing Hysteresis. Article about the /2006/20060220-Mon.html#anchor5Dollarisation in Turkey.http://www.kc.frb.org/BS&S/publicat/PDF/8 chapter book about banking regulations RegsBook2000.pdf http://www.oecd.org/dataoecd/5/51/20213268.pdf OECD Economic Outlook no.80- Turkey http://www.ceterisparibus.net/arsiv.htm An article archive site, lots of the articles are Turkish but there are 5 very useful English articles.http://www.southcentre.org/info/southbulletin/bul An interview with Ylmaz Akyz, the old director of letin27/bulletin27-01.htm UNCTADsDivisionofGlobalizationand Development about Argentina financial crisis. Very Good.http://www.wsws.org/articles/2000/dec2000/turk- Article about Turkish banking crisis d06.shtmlhttp://www.tcmb.gov.tr/yeni/eng/Turkish Central Bank 38. http://www.isanet.org/noarchive/dervish.html Article- The Politics of the last Turkish FinancialCrisis.http://www.morganstanley.com/views/gef/archive Article about Turkish deflation written by Serhan /2004/20041104-Thu.html#anchor2Cevik in 2004http://www.emerald-Irfan Civcir- Money demand, financial liberalization library.com/Insight/ViewContentServlet?and currency substitution in Turkey Filename=/published/emeraldfulltextarticle/pdf/0 020300503.pdfhttp://papers.ssrn.com/sol3/papers.cfm?Article by Kurt Dew- Are IMF Sponsored Basel abstract_id=362980 Accord Banking Regulations Helpful in PreventingBanking Crises in Turkey? http://www.bddk.org.tr/english/mainpage/default. Banking Regulation and Supervision Agency of aspTurkey, home pagehttp://www.nber.org/papers/w9786 GOVERNMENT FINANCE IN THE WAKE OFCURRENCY CRISES http://www.coleurop.be/content/studyprogrammeThe Turkish Banking Sector Challenges and Outlook s/eco/publications/BEEPs/BEEP9.pdf in Transition to EU Membershiphttp://www.plu.edu/~damaree/damar_abstract.pdf Essays on Bank Networks and the Turkish BankingCrisisH. Evren Damar- Dissertation Abstract http://www.econ.boun.edu.tr/papers/pdf/wp-02-0 EMERGING MARKET CRISES AND THE IMF: 3.pdfRETHINKING THE ROLE OF THE IMF IN THELIGHT OF TURKEYS 2000-2001 FINANCIALCRISES http://www.rgemonitor.com/blog/roubini/132586Nouriel Roubini Jun 19, 2006 Turkeys Risks andVulnerabilities in the Current Market Turmoilhttp://129.3.20.41/eps/mac/papers/0404/0404003.Research- Short review of the Long History of pdfTurkish High Inflation. 39. http://www- Article by Linker Domac- Explaining and forecasting wds.worldbank.org/servlet/WDSContentServer/ inflation in Turkey. WDSP/IB/2004/05/13/000012009_20040513152 643/Rendered/PDF/wps3287.pdfhttp://www.geoinvestor.com/statistics/turkey/mon Links for Turkish money, monetary statistics, banking etary.htmdata etc.http://www.heritage.org/Research/MiddleEast/E Brett D. Schaefer 2001, Turkish Crisis Creates M723.cfmOpportunity For Needed Economic Reform http://topics.nytimes.com/top/reference/timestopi The New York Times Article about Turkish Economic cs/people/e/bulent_ecevit/index.html?offset=30& crisis. http://danskeresearch.danskebank.com/link/TCM A comment from Danske Bank about Turkish Central B15022007/$file/TCMB15022007.pdfBanks policyhttp://www.morganstanley.com/views/gef/archive Article, Turkey- Politicizing the Central Bank /2006/20060327-Mon.html#anchor3http://www.turkishdailynews.com.tr/article.php? Turkish Daily News, Jan 2007- Turkish Central Bank enewsid=63807 says retains cautious monetary policy. CENTRAL BANKS & LENDER OF LAST RESORTwww.banrep.gov.co Colombian Central Bank http://www.bcrp.gob.pe/bcr/index.phpBanco Central de Peru http://www.bcv.org.ve/c2/indicadores.aspBanco Central de Venezuela http://www.bc.gov.cu/Espanol/default.aspBanco Central de Cuba http://www.bcb.gov.br/Central Bank of Brazil http://www.bcra.gov.ar/ Argentinas Central Bank 40. http://www.sugef.go.cr/Central Bank of Costa Rica http://www.bcb.gov.bo/sitio/introduccion_f.htmlBanco Central de Bolivia http://www.jstor.org/view/00205893/ap030192/0Lender of Last Resort, an International Perspective 3a00050/0Rosa Maria Lastra, The International and ComparativeLaw Quarterly, Vol. 48, No. 2. (Apr., 1999), pp.340-361. Stable URL: http://links.jstor.org/sici?sici=0020-5893%28199904%2948%3A2%3C340%3ALOLRAI%3E2.0.CO%3B2-9http://www2.fgv.br/gv- O Banco Central e os Juros Altos (Brazilian Central preve/arquivo/artigos/BANCO_CENTRAL_JURBank and High Interest Rates). OS_ALTOS.pdf http://www.bis.org/publ/bppdf/bispap28h.pdfImproving the banking system:the Chilean experience1Cristina Betancour, Jos De Gregorio, Alejandro JaraCentral Bank of ChileAbstractThis paper presents some evidence on the current stateof the banking system in Chile, with particularFocus on the adjustments it must undergo to complywith the Basel II Capital Accord. We present someBasic facts about the Chilean banking system and abrief international comparison. We considerseparately local banks, the countrys publicly ownedbank and foreign banks, and present theEvolution of some basic indicators of performance. Theevidence shows some important efficiencyGains over time. We also examine issues like thechanging procyclicality of banks lending and theChanges in capital requirements which will result fromthe adoption of Basel II. The Chilean bankingSystem is well prepared to implement Basel II, albeit ina gradual way.http://129.3.20.41/eps/mac/papers/0405/0405016.Lender of Last Resort and the Moral Hazard Problem pdf Bank of Finland Discussion Papers 17/2002, MikkoNiskanen http://www.suerf.org/download/studies/study7.pdSTRENGTHENING FINANCIAL fINFRASTRUCTUREDeposit Insurance and Lending of Last ResortTwo papers byRichard Dale andFrance Bruni and Christian de Boissieu http://129.3.20.41/eps/fin/papers/0406/0406009.p Optimal Lender of Last Resort Policy in Different df Financial SystemsFalko FechtDeutsche Bundesbank 41. falko.fecht@bundesbank.deMarcel TyrellUniversity of Triertyrell@uni-trier.deDecember 1, 2003AbstractIn a framework closely related to Diamond and Rajan(2001) we characterize different financial systems andanalyze the welfare implications of different LOLR-policies in these financial systems.We show that in a bank-dominated financial system itis less likely that a LOLR-policy that follows theBagehot rules is preferable. In financial systems withrather illiquid assets discretionary individual liquidityassistance might be welfare improving, while inmarket-based financial systems, with rather liquidassets in the banks balance sheets, emergency liquidityassistance provided freely to the market at a penaltyrate is likely to be efficient.Thus, a "one size fits all" approach that does not takethe differences of financial systems into account ismisguiding. http://www.ny.frb.org/newsevents/speeches/2006/ Federal Reserve Bank of New York gei061004.htmlProgress toward Financial Stability in Emerging Market Economies October 4. 2006 Timothy F. Geithner, President and Chief Executive Officer Federal Reserve Bank of New York http://www.federalreserve.gov/boarddocs/speeche The Federal Reserve s/2004/20040103/default.htm Remarks by Chairman Alan Greenspan At the Meetings of the American Economic Association, San Diego, California January 3, 2004 Risk and Uncertainty in Monetary Policy http://www.bloomberg.com/apps/news?Brazilian Real Volatility Falls on Central Bank Sales pid=20601086&sid=aoIQP5iSdLqM&refer=latin(Update1) By Min Zeng Jan. 26 (Bloomberg) _america Brazil's real, the nation's eighth currency since WorldWar II, has become less volatile than the British pound,Swiss franc and Norwegian krone. http://www.jstor.org/view/00205893/ap030192/0 Lender of Last Resort, an International Perspective 3a00050/0 Rosa Maria Lastra, The International and Comparative Law Quarterly, Vol. 48, No. 2. (Apr., 1999), pp. 340-361. Stable URL: http://links.jstor.org/sici? 42. sici=0020-5893%28199904%2948%3A2%3C340%3A LOLRAI%3E2.0.CO%3B2-9http://www.bis.org/cbanks.htm Websites of central Banks of various countries http://www.bis.org/dcms/fl.jsp? Various working papers of BIS aid=3&pmdid=5&smdid=26&tmdid=0&fmdid=0 &dtid=1&y=nowhttp://www.imf.org/External/Pubs/FT/staffp/2005 Peter Stella, Central Bank Financial Strength, /02/pdf/stella2.pdf Transparency and Policy Credibility, IMF Paper http://research.stlouisfed.org/publications/review/ William Poole, Institutions for Stable Prices: How to 03/09/Poole.pdf Design an Optimal Central Bank Law, The Federal Reserve Bank of St. Louis, 2003, Working Paper http://www.icer.it/docs/wp2005/ICERwp2-05.pdf Bernd Hayo and Stefan Voigt, Inflation, Central Bank Independence and the Legal System, JEL http://www.bankofengland.co.uk/publications/fsr/Bank of England Working Papers, Financial Stability index.htm Report http://www.bis.org/publ/bppdf/bispap28e.pdf Agustin Villar, Is financial stability policy now better placed to prevent systemic banking crises? http://papers.ssrn.com/sol3/papers.cfm? Charles M. Kahn and Joo A.C. Santos , Allocating abstract_id=260589Bank Regulatory Powers: Lender of Last Resort, Deposit Insurance and Supervision, Social Science Research Network, BIS Working Paper No. 102 http://iibf.law.smu.edu/hadji.pdf Christos Hadjiemmanuil, The European Central Bank And Banking Supervision http://papers.ssrn.com/sol3/papers.cfm? Jean-Charles Rochet and Xavier Vives, Coordination abstract_id=304645Failures and the Lender of Last Resort: Was Bagehot Right After All? Social Science Research Network Discussion Paper 3233 43. http://dep.eco.uniroma1.it/cidei/Docs/workpap/ciMarcello de Cecco, The Lender of Last Resort, CIDEI dei49.pdf Working Paper n. 49 http://ideas.repec.org/p/rba/rbardp/rdp2001-07.ht Bryan Fitz-Gibbon and Marianne Gizycki, A History of mlLast-resort Lending and Other Support for Troubled Financial Institutions in Australia http://economics.uwo.ca/faculty/laidler/workingpDavid Laidler, Two Views of the Lender of Last apers/twoviews.pdfResort: Thornton and Bagehot, Paper presented at a conference on the Lender of Last Resort, organised by le Forum (University of Paris 10 - CNRS), le LED- EPEH (University of Paris 8), and le Phare (Universities of Paris 1 & 10 - CNRS), held in 2002 http://www.crei.cat/research/opuscles/op4ang.pdfXavier Freixas, The Lender of Last Resort in Todays Financial Environment, CREI Report http://swopec.hhs.se/hastef/papers/hastef0537.pdf Anders gren, Lender of Last Resort in a Transitional Economy with a Fixed Exchange Rate: Financial Crises and Monetary Policy in Sweden under the Silver and Gold Standards, 1834 1913, SSE/EFI Working Paper Series in Economics and Finance No 537 October http://www.mitpressjournals.org/doi/abs/10.1162/Xavier Freixas, Jean-Charles Rochet and Bruno M. 1542476042813841Parigi, Lender of Last Resort: A Twenty-First Century Approach, Journal of European Economic Association http://www.federalreserve.gov/BoardDocs/speechCentral Banking and Bank Supervision in the United es/2007/20070105/default.htmStates, Remarks by Chairman Ben S. Bernanke, At the Allied Social Science Association Annual Meeting, Chicago, Illinois January 5, 2007, The Federal Reserve Board http://links.jstor.org/sici? Richard H. Timberlake, Jr., The Origins of Central sici=0022-2879%28198002%2912%3A1%3C126 Banking in the United States, Journal of Money, Credit %3ATOOCBI%3E2.0.CO%3B2-N and Banking, Vol. 12, No. 1. (Feb., 1980), pp. 126-129 http://findarticles.com/p/articles/mi_qa3620/is_20 Santos, Joseph, Changing Face of Central Banking: 0501/ai_n13634810Evolutionary Trends Since World War II, EasternEconomic Journal, Winter 2005 44. http://papers.ssrn.com/sol3/papers.cfm? Eduardo Lundberg, Monetary Policy and Banking abstract_id=247513Supervision Functions on the Central Bank http://www.esri.go.jp/jp/workshop/040622/04062Presentation on Monetary Policy and Bank Supervision 2hoshi.pdf http://www.iflr.com/International Financial Law Review: Articles., Write Ups, Papers etc http://www.centralbanking.co.uk/conferences/arc International Bankers Training Manual, Legal Risks hv/2003/prog/og.pdf and Good Governance for Central Banks and Supervisors http://www.lboro.ac.uk/departments/ec/Research/ Article on Bank Modeling Methodologies: A Discussion%20Papers%202005/Research Comparative Analysis of Efficiency in the Japanese %20Papers%202005/Drake-Hall-Banking Simper(2005)%20.pdfhttp://www.ccls.edu/documents/events/2006-04-2Conference Paper on the Legal Foundations of 7.pdf International Monetary Stability http://www.bis.org/publ/bppdf/bispap28h.pdf Cristina Betancour, Jos De Gregorio, Alejandro Jara, Improving the banking system: the Chilean experiencehttp://www.gdnet.org/pdf/818_Wojciech.pdf Wojciech S. Maliszewski, Central Bank Independence in Transition Economies http://www.answers.com/topic/central-bank Definition of Central Bank http://www.freedomdomain.com/banking/centralA brief History of Central Banking in the United States 01.html by Edward Flaherty http://www.bis.org/publ/cpss68.pdfCentral Bank oversight of Payment and Settlement System The function of Central bank, by Walter Stannerhttp://www.ecb.int/pub/pdf/scpwps/ecbwp392.pdf The Role of Central Bank Capital Revisited, WorkingPaper series No.392/ Sep,2004http://www.bce.fin.ec/documentos/ElBancoCentr Central Bank Financial Strength, Transparency, and al/BancaCentral/stella2.pdf Policy Credibility, IMF Staff Volume 52 Paper NO. 2, 2005 45. http://ideas.repec.org/a/bla/manchs/v71y2003isup Behavioral Central Bank Loss Functions, Skewed plementp21-38.html Risks and Certainty Equilibrium, by Ali Al-NowaihiUniversity of Leicester and Livio Stracca EuropeanCentral Bank, Supplement 2003http://papers.ssrn.com/sol3/papers.cfm?Promotional Role of Central Banks in Developing abstract_id=884635 Countries, by Anand G. Chandavarkar, IMF WorkingPaperhttp://papers.ssrn.com/sol3/papers.cfm?Inflation in Developing Countries: Does Central Bank abstract_id=277288 Independence Matter?, by Jan Egbert Sterm and Jacobde Haan, CESifo Working Paper No. 511http://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfCentral Banks or Single Financial Authorities? A m?per_id=465460Political Economy Approach, by Donato Masciandarohttp://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfBanking System, International Investors, and Central m?per_id=283885Bank Policy, by Mariassunta Gianetti April,1999http://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfIs Bank Supervision Central to Central Banking? By m?per_id=888 Joe Peek, Eric S. Rosengren and Geoffrey M.B. Tootellhttp://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfRegulation of Telecom: What works and Why? m?per_id=142359Lessons from Independent Central Bank, Jon SternNera and Francesc Trillas, Regulation initialDiscussing Paper Series NO.47http://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfCentral Banks Role in Bank Supervision in United m?per_id=217029States and United Kingdom by Heidi MandanisSchoonerhttp://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfDoes Monetary Policy Affects the Central Banks role m?per_id=276741in Bank Supervision by Vasso P Lonnindou Nov,2000http://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfMonetary Policy and Banking Supervision Functions m?per_id=253274on the Central Bank, July,2000 Working Paper 2http://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfMonetary Policy and Central Bank Behavior Manfred m?per_id=131449Gartner September 2000 Discussion Paper NO.2002-24http://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfThe Monetary Policies of European Central Bank and m?per_id=267648the Euro (Mal)Performance: A stability-orientedAssessment by Jorg Bibow The Jerome Levy Instituteof Bard College, Working Paper No. 338http://www.ceistorvergata.it/conferenze&convegn Financial Supervision Unification and Central Bank i/banking&finance/XIV_conference/Papers/luned Fragmentation Effect by Donato Masciandaro 46. %C3%AC/Regulation%20and%20financial %20mkt%20I/Masciandaro_EJPE.pdf http://ideas.repec.org/p/jen/jenasw/2005-14.html Financial Supervision Fragmentation and Central BankIndependence: The Two Sides of the Same Coinhttp://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfUmbrella Supervision and the Role of the Central m?per_id=16304 Bank, FRB of Cleveland Cleavland Policy DiscussionPaper No.11 by Joseph G. Haubrich and James B.Thompsonhttp://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfThe Evolution of Central Banking by Forrest Capie m?per_id=334787 http://www.jstor.org/view/00205893/ap030192/0Lender of Last Resort, International Perspective, by 3a00050/0Rosa Maria Lastra The International Comparative LawQuarterly Vol .48 No.2 ( April,1999)http://www.jstor.org/view/00438871/di982458/98 Financial Incentives and Central Bank Authority in p0277e/0 Industrializing Nations, by Sylvia Maxfield, WorldPolitics, Vol 46 No.4( July,1994)http://papers.ssrn.com/sol3/papers.cfm?Central Bank of Single Authority? Political Cycle, abstract_id=809025 Monetary Policy and Financial Supervision, byRafaella Barronhttp://www.newyorkfed.org/research/staff_reportCentral Bank Transparency under Model Uncertainty, s/sr199.pdfby Stefano Eusepi, Federal Reserve Bank of New YorkStaff Report No.199, Jan,2005http://econpapers.repec.org/paper/imfimfwpa/96_Central Bank Independence: A free Lunch? Prepared 2F1.htmby Guy Debelle. IMF Working Paper WP/96/1http://ideas.repec.org/p/imf/imfwpa/03-121.htmlResponsibility of Central Banks for Stability inFinancial Markets, by Gary J. schinasi IMF WorkingPaper WP/03/121http://papers.ssrn.com/sol3/papers.cfm?Should We Have Faith in Central Banks? By Otmar abstract_id=677435 Issing, The Institute of Economic Affairs 2002http://www.ecb.int/pub/pdf/scpwps/ecbwp455.pdf Central Bank Transparency and Private Information ina Dynamic Macroeconomic Model, by Joseph G.Pearlman IMF Working Paper Series, 455/2005http://papers.ssrn.com/sol3/papers.cfm?New York and the Politics of Central Banks,1781 to abstract_id=498742 the Federal Reserve Act, by Jon R. Moen and Ellis W.Tallman, Working Paper 2003-42http://papers.ssrn.com/sol3/papers.cfm?Payment System Efficiency, Policy Approach, and the abstract_id=444480 Role of Central Bank by Tanai Khianarong, Bank ofFinland Discussion Papers 1.2003 47. http://papers.ssrn.com/sol3/papers.cfm? One Monetary and Eighteen Central Bankers: The abstract_id=314159European Monetary Policy as a Game of Strategic Delegation, May 09/2002 by Rasmus Fatum, University of Alberta, Canadahttp://papers.ssrn.com/sol3/papers.cfm? Non-Standard Central Bank Loss Functions, Skewed abstract_id=357341Risks, and Certainty Equivalence, by Ali Al-Nowaihi and Livio Stracca March 2002, Working Paper No. 129http://papers.ssrn.com/sol3/papers.cfm? Do Central Banks React to the Stock Market? The case abstract_id=459272of Bundsbank by Martin T. Bohl, Thomas Werner and Pierre L. Sikolushttp://papers.ssrn.com/sol3/papers.cfm? Who Pays for Banking Supervision? Principles, abstract_id=918166Practices and Determinants by Donato Masciandaro, Maria J. Nito and Henriette Prasthttp://papers.ssrn.com/sol3/papers.cfm? Bank Panic and the Endogeneity of Central Banking, abstract_id=786649by Gary B. Gorton and Lixin Huanghttp://papers.ssrn.com/sol3/papers.cfm? Identifying the Effects of Central Banking Intervention, abstract_id=762505by Christopher J. Neely FRB of Saint Louis Working Paper 2005-031Ahttp://ideas.repec.org/p/aub/autbar/504.01.html The Role of Central Bank Operating Procedures in an Economy with Productive Government Spending, by Jordie Cablle and Hromcova Dec3,2001 http://www.bis.org/publ/cpss55.pdfThe Role of Central Bank in Payment Systems, Committee on Payment and Settlement Systems(BIS) August 2003 http://www.bankofcanada.ca/en/index.htmlGood Range of Research, Working Papers and information about recent Conferences, Seminars and Workshopshttp://www.nber.org/papers/NBER Working Paper Series: A wide range of articles and essays http://www.rba.gov.au/PublicationsAndResearch/Can Central Bank Transparency go Too Far? By Conferences/2004/Mishkin.pdfFrederic S. Mishkin http://www.ecomod.net/conferences/ecomod2003Central Bank Transparency in Theory and Practice by /ecomod2003_papers/Demertzis.pdfMaria Demertzis and Andrew Hughes Hallett http://www.petersoninstitute.org/publications/pap Six Practical Views on Central Bank Transparency by ers/posen0502.pdf Adam S. Posen http://www.adb.org/Documents/Books/Central_BRole of Central Banks anks_Microfinance/Overview/chap_03.pdfhttp://www2.dse.unibo.it/rovelli/RR-Optimal Fiscal Stabilization Policy with Credible Papers/weights.pdfCentral Bank Independence by Luca Lambertini and Riccardo Rovelli 48. http://www.bot.or.th/bothomepage/index/index_e. Decisions of the Monetary Policy Committee, guide to asp financial investment in Thailand, debt issuance announcements, payment systems, banknotes http://www.bot.or.th/BOThomepage/DataBank/EPanel Discussion on "Monetary and financial stability: concond/seminar/intermeeting/index_eng_i.asp Challenges facing central banks http://www.mfa.go.th/web/1261.phpBOT is the central bank for Thailand. Site has detailson the bank's organization, history and mission http://www.mfa.go.th/jtepa/en/archives/news_197 Discussion about bank of Thailand 7.html http://www.huffingtonpost.com/lew- And just as the central bank knows that it can always rockwell/that-death-toll_b_23418.htmlprint all the money ... our duty to ensure that ourgovernment recognizes not only its responsibility http://www.saudi-us- Saudi Arabia Deposits One Billion Dollars in relations.org/newsletters/2006/newsletter-171.ht Lebanon''s Central Bank ml http://www.vinodkothari.com/secnews_405.htmmany links in it about central bank, securitization anduseful articles http://www.federalreserve.gov/BoardDocs/SpeecRemarks by Chairman Alan Greenspan Central Bank hes/2005/20050606/default.htmpanel discussion http://www.rbnz.govt.nz/research/discusspapers/d Interesting with many links, discussing about matters p2006.html relating to bank. http://www.jstor.org/view/15325059/di013173/01 Central Bank-discussion p0036y/0http://www.scoop.co.nz/stories/PO0607/S00339.h Latest Reserve Bank Discussion Papers tm 49. http://www.bis.org/cbhub/sources.htm Central Bank Research Hub - Research by institutionhttp://www.bis.org/publ/bppdf/bispap27.htm Past and future of central bank cooperation: policypanel discussion http://ideas.repec.org/s/tcb/dpaper.htmlResearch and Monetary Policy Department, Central Bank of the Republic of Turkey http://www.bloggernews.net/19Blogger News Network World Bank Discussion onAfrican Governance http://www.newyorkfed.org/banking/centralbankCentral Banking Seminar _groups.html http://econpapers.repec.org/bookchap/rbarbaacv/a Discussion of 'Can Central Bank Transparency Go Too cv2004-05.htmFar? http://english.peopledaily.com.cn/200509/02/engG-20 finance, central bank officials discuss global 20050902_205942.html economic, social issues in China http://www.imf.org/external/np/seminars/eng/200Third Regional Conference on Central America 4/070804.htm http://www.allbusiness.com/government/879908-Central bank transparency and the signal value of 1.html prices: comments and discussion A European central Bank? http://www.cambridge.org/us/catalogue/catalogue .asp?isbn=0521376238 Symposium Proceedings 2005- Fed Res Bank of http://www.kc.frb.org/publicat/Sympos/2005/sym Kansas City 05prg.htmhttp://www.eccb- Eastern Caribbean Central Bank News & Views centralbank.org/News/Dboard.asp 50. http://www.economist.com/debate/freeexchange/ Russian central bank foresees "turmoil" 2006/12/russian_central_bank_foresees.cfmwww.kansascityfed.org/PUBLICAT/SYMPOS/2 General Discussion: Central Bank Communication and 005/PDF/GD6_2005.pdf Policy http://www.bundesbank.de/tzk/tzk_seminar.en.phBundesbank - Technical Central Bank Cooperation - p International http://www.alexandria.unisg.ch/Publikationen/31 The political economy of monetary policy conduct and 406/L-encentral bank http://www.jstor.org/view/03154890/ap010022/0 JSTOR: The Bank of Canada: The Development and 1a00140/0 Present Positionwww.core.ucl.ac.be:16080/services/abstrPDF/absCORE DISCUSSION PAPER. 2004/1. CENTRAL tr04/ABSTRACT2004_1.pdf BANK FOREX INTERVENTIONS. ASSESSED USING REALIZED MOMENTS. Michel BEINE http://www.norges- bank.no/english/conferences/2003-05-05/lowe.htHow do central banks write? ml History and Functions of Central Banks http://www.bis.org/review/r050223e.pdf Zeti Akhtar Aziz: Strengthening the banking sector for further competitionCentral bank oversight of payment and settlement http://www.bis.org/publ/cpss68.pdfsystemsOther Central Bank Functionshttp://www.snb.ch/e/download/bericht/e_38-53__ uebrige_notenbank.pdf 51. Central Bank modernization http://www.centralbanking.co.uk/publications/bo oks/modernisation.htmhttp://www.centralbanking.co.uk/aboutcbnet/indeCB news x.htmhttp://publiccentralbank.com/Public central bank(USA) SupervisionCB governance forum http://www.bis.org/hub/cbgf.htmhttp://federalreserve.gov/boarddocs/speeches/20Central Banking and Bank Supervision in the United 07/20070105/default.htmStatesG10 central bank governors and heads of supervisionendorse the publication of the revised capital http://www.bis.org/press/p040626.htm frameworkThe European integration process: a changingenvironment for central banks (Central Bank of Austria http://www.oenb.at/en/img/documenting_fomc_v workshop oting_patterns__tcm16-39080.pdfhttp://www.cepr.org/pubs/new-dps/dplist.asp? DP5734 Optimal Currency Shares in International dpno=5734Reserves: The Impact of the Euro and the Prospects forthe Dollarhttp://www.olis.oecd.org/olis/2006doc.nsf/43bb6 130e5e86e5fc12569fa005d004c/48dd86682851da FACTORS BEHIND LOW LONG-TERM INTEREST fbc125718c002ca6e6/$FILE/JT03210548.PDF RATES ECONOMICS DEPARTMENT WORKING PAPER No. 490http://www.banque- US long-term yields and forex interventions france.fr/gb/publications/telechar/bulletin/137etu by foreign central banks d1.pdf http://www.federalreserve.gov/pubs/feds/2004/20Monetary Policy Alternatives at the Zero Bound: 0448/200448pap.pdf An Empirical Assessment 52. The European Central Bank (ECB) -general information (sources: ECB publications) ECB - Organization http://www.ecb.int/ecb/educational/facts/euint/ht ml/index.en.htmlhttp://www.ecb.int/pub/pdf/other/ecbhistoryrolefu nctions2004en.pdfThe European Central Bank History, Role andFunctions http://www.ecb.int/pub/scientific/resbull/html/ind ECB Research Bulletin ex.en.htmlhttp://www.ecb.int/press/pr/activities/intco/html/i ECB International and European Cooperation ndex.en.html ECB interest rates policyhttp://www.forbes.com/feeds/ap/2007/02/08/ap34 09202.htmlhttp://today.reuters.com/news/articlebusiness.asp x? type=tnBusinessNews&storyID=nL08102176&p ageNumber=0&imageid=top-news- view-2007-02-08-161912- RTRMY7R_Comp[1].jpg&cap=File%20photo %20of%20traders%20at%20the%20German %20Stock%20Exchange%20in%20Frankfurt, %20taken%20September %207,%202005.%20REUTERS/Alex%20Grimm %20%20GRI/CVI&sz=13&WTModLoc=BizArt- C1-ArticlePage2http://www.businessweek.com/investor/content/ju n2006/pi20060608_533001.htm http://www.welt.de/data/2006/06/09/907723.html http://www.euractiv.com/en/euro/ecb-hints- march-interest-rate-hike/article-161567 Euro /Eurozone 53. http://www.ft.com/cms/s/9d5a103c-7e42-11db-84 bb-0000779e2340.htmlhttp://www.lefigaro.fr/eco/20061128.FIG000000 102_la_chute_du_dollar_fragilise_l_economie_eu ropeenne.htmlhttp://www.latribune.fr/info/Euro---les-ministres- des-Finances-europeens-sereins-sauf-Thierry- Breton---~- ID882A4CA5FCF979BAC1257234001E0D93- $Db=Tribune/Articles.nsfhttp://www.finextra.com/fullstory.asp?id=16176Euro Central Bank calls for more clarity on Sepa forcards frameworkhttp://www.bloomberg.com/apps/news?ECB Holds Key Rate at 3.5%, May Signal March pid=20601087&sid=aXVaR2jXvagQ&refer=worl Increase (Update1 dwidehttp://economic-research.bnpparibas.com/applis/ Eurozone: With the words Strong vigilance the www/RechEco.nsf/EcoFlashByDateEN/0B58D71 ECB prepares the ground for a rate rise in March 8BA7698D0C125727C0052D5FF/ $File/EcoFlash061_english.pdf?OpenElementhttp://www.eurointelligence.com/Without-Byline- The real reasons to worry about wage settlements in the Single-View.962+M55925b452cd.0.html#euro areahttp://www.euro-area.org/blog/?p=50Beggar thy neighbor: France might just join the scheme(Eurozone Watch)IMF & WORLD BANK: CONDITIONALITY http://216.239.59.104/search?Eurodad Report June 2006- World Bank and IMF q=cache:wVTHA8nzPxYJ:www.globalpolicy.orgConditionality: A development Injustice /socecon/bwi- wto/imf/2006/06eurodadimfwb.pdf+IMF+conditi onality&hl=tr&ct=clnk&cd=10 54. http://www.twnside.org.sg/title/geseries4.htmMARTIN KHOR- A CRITIQUE OF THE IMF'SROLE & POLICY CONDITIONALITYhttp://www.imf.org/external/np/exr/facts/conditio. 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Giorgio Gomel, Banca d'Italia, Crisis prevention and q=cache:2h0x0n1NSjcJ:www.g7.utoronto.ca/conf the role of IMF Conditionality erences/2001/rome/gomel.pdf+IMF+conditionalit y&hl=tr&ct=clnk&cd=27 http://216.239.59.104/search?Ariel Buira- An Analysis of IMF Conditionality q=cache:PeO84Nnzu4MJ:ksghome.harvard.edu/~ drodrik/g24buira.pdf+IMF+conditionality&hl=tr &ct=clnk&cd=35 55. http://www.unctad.org/en/docs/gdsmdpbg242005G-24 Discussion paper- COUNTRY OWNERSHIP 2_en.pdfOF REFORM PROGRAMMES AND THE IMPLICATIONS FOR CONDITIONALITYhttp://opus.zbw-kiel.de/volltexte/2005/3484/pdf/Axel Dreher- IMF and Economic Growth: The Effects Dreher.pdfof Programs, Loans, and Compliance with Conditionality http://www.eurodad.org/uploadstore/cms/docs/MiEurodad Report, World Bank and IMF conditionality: crosoft_Word__Eurodad_World_Bank_and_IMFDevelopment Injustice _Conditionality_Report_Final_Version.pdf http://web.worldbank.org/WBSITE/EXTERNAL/ Supporting Country Development: Strengthening IMF- PROJECTS/0,,contentMDK:20124835~pagePK:4 World Bank Collaboration on Country Programs and 1367~piPK:51533~theSitePK:40941,00.html Conditionality http://www.dfid.gov.uk/pubs/files/conditionality. 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