Table of Contents

1: José Antonio Ocampo, Shari Spiegel, and Joseph E. Stiglitz: Capital Account Liberalization and Development
2: Sergio L. Schmukler: The Benefits and Risks of Financial Globalization
3: Joseph E. Stiglitz: Capital Market Liberalization, Globalization, and the IMF
4: Roberto Frenkel: From the Boom in Capital Inflows to Financial Traps
5: Andrew Charlton: Poverty and Inequality
6: K. S. Jomo, Gerald Epstein, Ilene Grabel: Capital Management Techniques in Developing Countries: Managing Capital Flows in Malaysia, India, and China
7: José Antonio Ocampo and Gabriel Palma: Role of Preventative Capital Account Regulation
8: Martin Khor: The Malaysian Experience in Financial-Economic Crisis Management: An Alternative to the IMF-style approach
9: Liliana Rojas-Suarez: Domestic Financial Regulations in Developing Countries
10: Stephany Griffith-Jones and Avinash Persaud: The Pro-Cyclical Impact of Basle II on Emerging Markets
11: Randall Dodd: Derivatives and CML
12: Benu Schneider: Codes and Standards

About the Author

José Antonio Ocampo is Professor of Professional Practice at Columbia University and co-President of Initiative for Policy Dialogue. Prior to that he served as United Nations Under-Secretary-General for the Department of Economic and Social Affairs. He has held a number of posts in the Government of Colombia, including those of Minister of Finance and Public Credit, Director of the National Planning Department and Minister of Agriculture and was former
Executive Secretary of the UN Economic Commission for Latin America and the Caribbean (ECLAC). His academic pursuits have included service as Director of the Foundation for Higher Education and Development,
Professor of Economics at the Universidad de los Andes and the Universidad Nacional de Colombia, and Visiting Professor at Cambridge, Yale and Oxford Universities. Joseph E. Stiglitz was awarded the Nobel Prize in economics in 2001. He is University Professor at Columbia University and co-President of the Initiative for Policy Dialogue, which he founded in 2000. He was Chair of President Bill Clinton's Council of Economic Advisors from 1995-97 and Chief Economist and Senior Vice-President of
the World Bank from 1997-2000.His best known recent publications include 'Making Globalization Work' (2006), 'Fair Trade for All' (2005), 'Globalization and its Discontents' (2002) and 'The Roaring
Nineties' (2003).