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Cato Journal
An Interdisciplinary Journal of Public Policy Analysis
Volume 26 Number 2, Spring/Summer 2006

Monetary Institutions and Economic Development


James A. Dorn
Editor's Note
(PDF, 2 pp.)

Rodrigo de Rato
Building Better Institutions
(PDF, 8 pp.)

Roger W. Ferguson Jr.
Monetary Credibility, Inflation, and Economic Growth
(PDF, 8 pp.)

Mickey D. Levy
Sound Monetary Policy, Credibility, and Economic Performance
(PDF, 12 pp.)

Jonathan Anderson
Five Persistent Myths about China's Banking System
(PDF, 8 pp.)

Morris Goldstein
Renminbi Controversies
(PDF, 16 pp.)

Raghuram G. Rajan
Global Imbalances and Financial Reform with Examples from China
(PDF, 7 pp.)

Deepak Lal
A Proposal to Privatize Chinese Enterprises and End Financial Repression
(PDF, 12 pp.)

Yasheng Huang
Do Financing Biases Matter for the Chinese Economy?
(PDF, 20 pp.)

John H. Makin
Does China Save and Invest Too Much?
(PDF, 9 pp.)

Reuven Brenner
The U.S. Dollar and Prosperity: Accidents Waiting to Happen
(PDF, 16 pp.)

William A. Niskanen
An Unconventional Perspective on the Greenspan Record
(PDF, 3 pp.)

Kenneth Rogoff
Will Emerging Markets Escape the Next Big Systemic Financial Crisis?
(PDF, 5 pp.)

Nouriel Roubini
The Unsustainability of the U.S. Twin Deficits
(PDF, 14 pp.)

Eugenio Andrea Bruno
The Failure of Debt-Based Development: Lessons from Argentina
(PDF, 9 pp.)

Samuel Brittan
The Case against a Dollar Policy
(PDF, 12 pp.)

Book Reviews

Rethinking Bank Regulation: Till Angels Govern
by James R. Barth, Gerard Caprio Jr., and Ross Levine
Reviewed by Robert E. Anderson
(PDF, 4 pp.)

The White Man's Burden: Why the West's Efforts to Aid the Rest Have Done So Much Ill and So Little Good
by William Easterly
Reviewed by Prakash Loungani
(PDF, 4 pp.)

Healthy, Wealthy, and Wise: Five Steps to a Better Health Care System
by John F. Cogan, R. Glenn Hubbard, and Daniel P. Kessler
Reviewed by Michael F. Cannon
(PDF, 6 pp.)

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