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Cato Journal
An Interdisciplinary Journal of Public Policy Analysis
Volume 25 Number 1, Winter 2005

International Monetary Reform and Capital Freedom

Editor's Note (PDF, 1 pp., 11Kb)

Ben S. Bernanke
Monetary Policy in a World of Mobile Capital
(PDF, 12 pp., 60Kb)

Allan H. Meltzer
New Mandates for the IMF and World Bank
(PDF, 4 pp., 30Kb)

Raghuram G. Rajan
Institutional Reform and Sovereign Debt Crises
(PDF, 8 pp., 44Kb)

Adam Lerrick
A Leap of Faith for Sovereign Default: From IMF Judgment Calls to Automatic Incentives
(PDF, 7 pp., 40Kb)

Kenneth Rogoff
Fiscal Conservatism, Exchange Rate Flexibility, and the Next Generation of Debt Crises
(PDF, 7 pp., 43Kb)

Nicholas R. Lardy
Exchange Rate and Monetary Policy in China
(PDF, 7 pp., 43Kb)

David F. DeRosa
China’s Defense of the Peg Perpetuates Central Planning
(PDF, 6 pp., 39Kb)

Manuel Sánchez
The Recent Stabilization Experience in Mexico
(PDF, 23 pp., 125Kb)

Leland B. Yeager
Exchange Rates and Capital Freedom in Developing Markets
(PDF, 17 pp., 84Kb)

Anna J. Schwartz
Dealing with Exchange Rate Protectionism
(PDF, 10 pp., 51Kb)

David Malpass
Exchange Rate Protectionism: A Harmful Diversion for Trade and Development Policy
(PDF, 4 pp., 34Kb)

Richard H. Clarida
Japan, China, and the U.S. Current Account Deficit
(PDF, 4 pp., 30Kb)

Kurt Schuler
Some Theory and History of Dollarization
(PDF, 11 pp., 54Kb)

Juan Luis Moreno-Villalaz
Financial Integration and Dollarization: The Case of Panama
(PDF, 14 pp., 66Kb)

George Selgin
Currency Privatization as a Substitute for Currency Boards and Dollarization
(PDF, 11 pp., 55Kb)

Kristin J. Forbes
Capital Controls: Mud in the Wheels of Market Efficiency
(PDF, 14 pp., 65Kb)

Book Reviews

Where the Right Went Wrong: How Neoconservatives Subverted the Reagan Revolution and Hijacked the Bush Presidency
by Patrick J. Buchanan

The Right Nation: Conservative Power in America
by John Micklethwait and Adrian Wooldridge

What’s the Matter with Kansas? How Conservatives Won the Heart of America
by Thomas Frank

Reviewed by Patrick Basham
(PDF, 4 pp., 43Kb)

Going Broke by Degree: Why College Costs Too Much
by Richard Vedder
Reviewed by Neal McCluskey
(PDF, 3 pp., 42Kb)

Understanding the Process of Economic Change
by Douglass C.North
Reviewed by Will Wilkinson
(PDF, 5 pp., 46Kb)

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