Financial Crises: And What To Do About Them, provides a critical and concise assessment of how to more effectively manage financial crises in emerging markets and economies. Written by an expert in the financial sector, he gives realistic and sound advise on how to create and maintain the financial system of the world. This book gives complete theories of why financial crises still exist at the level it does. It discusses the International Monetary Fund (IMF) and their role in helping (and sometimes hurting) the situation. Finally, the author presents the theory of restructuring "friendly" provisions into complete loan agreements thus making creditors and debtors take more responsibility for their own financial situations.
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Barry Eichengreen is the George C. Pardee and the Helen N. Pardee Professor of Economics and Professor of Political Science at the University of California, Berkeley, where he has taught since 1987. He is also Research Associate of the National Bureau of Economic Research (Cambridge, Massachusetts) and Research Fellow of the Centre for Economic Policy Research (London). In 1997-8 he was Senior Policy Advisor at the International Monetary Fund. Professor Eichengreen has published widely on the history and current operation of the international monetary and financial system.
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