Description
Springer Challenges At The Bank For International Settlements by Elmar B. Koch
Challenges facing central bankers are expertly examined and analyzed. The book explores monetary policy and financial crisis as well as insolvency, collective action clauses, international mediation, and management of central banks. The author has worked as an economist at the Monetary and Economic Department of the Bank for International Settlements and as an international mediator for the Secretariat of the G10 Ministers and Governors._x000D_ _x000D_
Challenges for governance at central banks.- Insolvency laws - a review of the international dimension.- Collective action clauses: the way forward.- Note on the consequences of a potential default by Argentina to the IMF.- Debt resolution processes for sovereign debt - current policy issues.- The successor states of the former Yugoslavia - mediation under Art. 7, Annex C of the Vienna Agreement on Succession Issues - a major review.- International bank and securities financing in Africa.- The aftermath of the Russian debt crisis.- Banking sector reform in the transition economies - a central banking perspective.- The monetary policy transmission mechanism in Russia.- Exchange rates and monetary policy in central Europe - a survey of some issues.- Financial intermediation: efficiency, fragility and polices for reform.- The monetary policy transmission mechanism in China.- Capital flows in eastern Europe: some lessons from the emerging markets in Latin America and Asia._x000D_