Lynne Rienner Publishers Logo

G-24: The Developing Countries in the International Financial System

edited by Eduardo Mayobre, Central Bank of Venezuela
 
ISBN: 978-1-55587-846-7
$45.00
1999/332 pages/LC: 99-26297
"The essays are thoughtfully written and each carefully analyzes an often overlooked viewpoint of our ever-changing global economy."—Eleanor A. Heard, International Law and Politics

DESCRIPTION

Appearing some twenty-five years after the inaugural meeting of the Group of 24, this book relates the efforts made by developing countries in the arena of international monetary issues. A reflection on a quarter-century of both frustration and modest achievement, it deals as well with matters central to the future of global economic relations.

The authors, distinguished scholars from developing countries, all have had direct practical experience in international affairs and policymaking. They provide rare insight regarding the continuing efforts of the G-24 countries to express, coordinate, and advance their positions and interests.

ABOUT THE AUTHOR

Eduardo Mayobre is director of economic relations at SELA (Latin American Economic System).

CONTENTS

  • Foreword—A. Casas-González.
  • A QUARTER- CENTURY OF EXPERIENCE.
  • The Developing Countries and the International System—F. Suárez Davila.
  • The Future of the Group of 24—A.A. Mohammed.
  • TWO CRUCIAL PROBLEMS: INCOME FROM OIL EXPORTS IN THE 1970S AND THE ASIAN CRISIS IN THE 1990S.
  • Oil Export Revenues and the Circulation in the International Financial System—A. Sid Ahmed.
  • The Recycling of Petrodollars—F. García Palacios.
  • Lessons from the Recent Financial Crisis in Indonesia—A. Nasution.
  • The Financial Crisis in Korea: From Miracle to Meltdown?—Y.C. Park.
  • The Impact of the Asian Crisis on Latin America—SELA.
  • PRESENT AND FUTURE CHALLENGES.
  • The Process of Globalization—L.E. Berrizbeitia.
  • Globalization and Development at the End of the 20th Century: Opportunities, Dilemmas, Tensions—A. Solimano.
  • New Capital Flows and Emerging Markets—A. Buira.
  • Dealing with the Volatility of Private Capital Flows—J. Guzmán Calafell.
  • The Labor Challenges of Globalization and Economic Integration—V.E. Tokman.
  • The Sustainability of Development—A.E. Calcagno and E. Calcagno.
  • APPENDIXES.
  • Caracas Declarations I and II.