Crisis, adjustment, and reform in Thailand's industrial firms; by David Dollar and Mary Hallward-Driemeier. Corporate performance in the East Asian financial crisis; by Stijn Claessens, Simeon Djankov...
Africa's disappointing economic performance, the East Asian financial crisis, and the weak record of the former Soviet Union have focused attention on the role of institutions in determining a country's...
The global deregulation of financial markets has created new investment opportunities, which in turn require the development of new instruments to deed with the increased risks. Institutional investors...
The authors examine the architecture, elements of market design, and the products traded in derivatives exchanges around the world. The core function of a derivatives exchange is to facilitate the transfer...