International financial architecture : G7, IMF, BIS, debtors and creditors /
Pelaez, Carlos Manuel.
International financial architecture : G7, IMF, BIS, debtors and creditors / by Carlos M. Peláez and Carlos A. Peláez. - Basingstoke [UK] ; New York : Palgrave Macmillan, 2005. - liv, 374 p. : ill. ; 23 cm. - Palgrave texts in finance and monetary economics .
Includes bibliographical references (p. 331-365) and index.
1 Risks of the International Financial System
Risk of international interest rates and Federal Reserve policy
Fear of deflation in Japan, China, Europe and the
Federal Reserve Board
Argentinean default and economic and political crisis
Strength of Mexico and challenge of China
Capital flows to emerging markets
2 The G-7 and the New International Financial Architecture
International financial institutions and forums
Rey Report
Lyon meeting of the G-7 in 1996
Greenspan in the debate
Denver meeting in 1997
Birmingham meeting in 1998
Meeting of the G-7 in Cologne in 1999
Meeting of the G-7 in Fukuoka in 2000
Meeting in Rome in 2001
Halifax meeting in 2002
Meeting at Evian after the Iraq War
Dubai, Boca Raton and New York
The International Monetary and Financial Committee (IMFC)
3 Surveillance by the Official International Financial Community
Value at Risk (VaR)
Stress tests at international banks
Census of stress tests
International official doctrine
Amendment to Capital Accord to incorporate market risk
Stress tests of market risk in the FSAP
The Basel Committee, credit risk models and the FSAP
Financial Sector Stability Assessment (FSSA)
Economic performance of IMF programs
Conditionality in IMF programs
4 Private Sector Involvement in Crisis Resolution
Objectives of Official Financing, Moral Hazard and PSI
Insolvency, illiquidity, Bagehot and PSI
Changes in structure of participation of the private sector
Changes in participation of the private sector
New process of negotiation with the private sector
Sequence of negotiation of PSI and dispute with the Paris Club
Loss and recovery of market access
IIF principles for participation of private sector
debt restructuring
5 Choice of Exchange Rate Regime in IFA
Bipolar view
Theory of Optimum Currency Areas (OCAs)
Sudden stop
Balance sheets of government, corporations and individuals
Hard fixes
Fear of floating
Fluctuating exchange rate with inflation targeting
6 Basel II Capital Accord, Core Principles, Standards and Codes
Basel Capital Accord
New Capital Accord: Basel II
Pillar I: Minimum Capital Requirements
Pillar I: Standardized Approach
Pillar I: Internal-Ratings Based Approach, IRB
Pillar II: Review Process by Supervisors
Pillar III: Market Discipline
Implementation of Basel II
Issues of Basel II
New Accord and market risk
Core Principles of Effective Banking Supervision
Comparison of standards for banks, insurance and securities
Core Principles for insurance and securities firms
Systemically important payment and settlement systems
IMF code of transparency in monetary and financial policy
1403996210 (hbk.) 9781403996213
International finance.
Financial institutions, International.
332.15 / PEL/I
International financial architecture : G7, IMF, BIS, debtors and creditors / by Carlos M. Peláez and Carlos A. Peláez. - Basingstoke [UK] ; New York : Palgrave Macmillan, 2005. - liv, 374 p. : ill. ; 23 cm. - Palgrave texts in finance and monetary economics .
Includes bibliographical references (p. 331-365) and index.
1 Risks of the International Financial System
Risk of international interest rates and Federal Reserve policy
Fear of deflation in Japan, China, Europe and the
Federal Reserve Board
Argentinean default and economic and political crisis
Strength of Mexico and challenge of China
Capital flows to emerging markets
2 The G-7 and the New International Financial Architecture
International financial institutions and forums
Rey Report
Lyon meeting of the G-7 in 1996
Greenspan in the debate
Denver meeting in 1997
Birmingham meeting in 1998
Meeting of the G-7 in Cologne in 1999
Meeting of the G-7 in Fukuoka in 2000
Meeting in Rome in 2001
Halifax meeting in 2002
Meeting at Evian after the Iraq War
Dubai, Boca Raton and New York
The International Monetary and Financial Committee (IMFC)
3 Surveillance by the Official International Financial Community
Value at Risk (VaR)
Stress tests at international banks
Census of stress tests
International official doctrine
Amendment to Capital Accord to incorporate market risk
Stress tests of market risk in the FSAP
The Basel Committee, credit risk models and the FSAP
Financial Sector Stability Assessment (FSSA)
Economic performance of IMF programs
Conditionality in IMF programs
4 Private Sector Involvement in Crisis Resolution
Objectives of Official Financing, Moral Hazard and PSI
Insolvency, illiquidity, Bagehot and PSI
Changes in structure of participation of the private sector
Changes in participation of the private sector
New process of negotiation with the private sector
Sequence of negotiation of PSI and dispute with the Paris Club
Loss and recovery of market access
IIF principles for participation of private sector
debt restructuring
5 Choice of Exchange Rate Regime in IFA
Bipolar view
Theory of Optimum Currency Areas (OCAs)
Sudden stop
Balance sheets of government, corporations and individuals
Hard fixes
Fear of floating
Fluctuating exchange rate with inflation targeting
6 Basel II Capital Accord, Core Principles, Standards and Codes
Basel Capital Accord
New Capital Accord: Basel II
Pillar I: Minimum Capital Requirements
Pillar I: Standardized Approach
Pillar I: Internal-Ratings Based Approach, IRB
Pillar II: Review Process by Supervisors
Pillar III: Market Discipline
Implementation of Basel II
Issues of Basel II
New Accord and market risk
Core Principles of Effective Banking Supervision
Comparison of standards for banks, insurance and securities
Core Principles for insurance and securities firms
Systemically important payment and settlement systems
IMF code of transparency in monetary and financial policy
1403996210 (hbk.) 9781403996213
International finance.
Financial institutions, International.
332.15 / PEL/I