With the end of the Cold War, the International Monetary Fund emerged as the most powerful international institution in history. But how much influence can the

Nations with credible monetary regimes borrow at lower interest rates in international markets and are less likely to suffer speculative attacks and currency cr

The Prudential Regulation of Banks applies modern economic theory to prudential regulation of financial intermediaries. Dewatripont and Tirole tackle the key pr

1. Objectives and Plan of the Study . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 2. Liter

Access to credit is an important means of providing people with the opportunity to make a better life for themselves. Loans are essential for most people who wa