In the wake of the global economic and financial crisis, bank supervisors in the United States and the European Union carried out a set of "stress tests" over the 2009-15 period. The objective was to
The turmoil that rocked Asian markets after the middle of 1997 and that spread far afield was the third major currency crisis of the 1990s. Thailand, Indonesia, Malaysia, and South Korea suffered outr
The book includes selected papers of Morris Goldstein on the following topics in international macroeconomics: international trade, currency regimes, exchange rate policy, international policy coordin
Currency mismatching occurs when assets and liabilities are denominated in different currencies such that net worth is sensitive to changes in the exchange rate. Goldstein (Institute for International
Based on an October 2007 conference, examines the impact that China's exchange rate policy has on the economics of the United States and the rest of the world.