![Media Name: cato-journal-v23n1.jpg](/sites/cato.org/files/styles/serial_cover_phone/public/serials/covers/cato-journal/cato-journal-v23n1.jpg?itok=3IWFS6Rm) 

# Spring/​Summer 2003 

Vol. 23 No. 1 

International Financial Crises: What Role for Government?

##### Articles 

#### [Introduction ](/cato-journal/spring/summer-2003/introduction)

By [James A. Dorn](https://www.cato.org/people/james-dorn) 

#### [Promoting Financial Resilience ](/cato-journal/spring/summer-2003/promoting-financial-resilience)

By William J. McDonough 

#### [The Argentine Economic Crisis ](/cato-journal/spring/summer-2003/argentine-economic-crisis)

By Ricardo Lopez Murphy, Daniel Artana, and Fernando Navajas 

#### [Argentina 2002: A Case of Government Failure ](/cato-journal/spring/summer-2003/argentina-2002-case-government-failure)

By Allan H. Meltzer 

#### [Lessons from Argentina and Brazil ](/cato-journal/spring/summer-2003/lessons-argentina-brazil)

By Charles Calomiris 

#### [The Argentine Straw Man: A Response to Currency Board Critics ](/cato-journal/spring/summer-2003/argentine-straw-man-response-currency-board-critics)

By [Steve H. Hanke](https://www.cato.org/people/steve-h-hanke) 

#### [Alternative Approaches to Sovereign Debt Restructuring ](/cato-journal/spring/summer-2003/alternative-approaches-sovereign-debt-restructuring)

By Jack Boorman 

#### [The Roadblock to a Sovereign Bankruptcy Law ](/cato-journal/spring/summer-2003/roadblock-sovereign-bankruptcy-law)

By Jeffrey D. Sachs 

#### [Enhancing Sovereign Debt Restructuring ](/cato-journal/spring/summer-2003/enhancing-sovereign-debt-restructuring)

By Randall S. Kroszner 

#### [Do Sovereign Debtors Need a Bankruptcy Law? ](/cato-journal/spring/summer-2003/do-sovereign-debtors-need-bankruptcy-law)

By Anna. J. Schwartz 

#### [Crises and Recoveries: Multinational Failures and National Successes ](/cato-journal/spring/summer-2003/crises-recoveries-multinational-failures-national-successes)

By [Alan Reynolds](https://www.cato.org/people/alan-reynolds) 

#### [Banking Stability and the Basel Capital Standards ](/cato-journal/spring/summer-2003/banking-stability-basel-capital-standards)

#### [Increasing Economic Growth and Stability in Emerging Markets ](/cato-journal/spring/summer-2003/increasing-economic-growth-stability-emerging-markets)

By John B. Taylor 

#### [On the Fed’s Demand Bubble ](/cato-journal/spring/summer-2003/feds-demand-bubble)

By [William A. Niskanen](https://www.cato.org/people/william-niskanen) 

#### [Currency Competition and Consumer-Driven Unification ](/cato-journal/spring/summer-2003/currency-competition-consumer-driven-unification)

By [Lawrence H. White](https://www.cato.org/people/lawrence-white) 

#### [Currency Competition: The British Debate ](/cato-journal/spring/summer-2003/currency-competition-british-debate)

By Samuel Brittan 

#### [*Do Think Tanks Matter? Assessing the Impact of Public Policy Institutes* by Donald E. Abelson](/cato-journal/spring/summer-2003/do-think-tanks-matter-assessing-impact-public-policy-institutes)

By [Aaron Steelman](https://www.cato.org/people/aaron-steelman) 

##### Book Review 

##### [*Democracy by Decree: What Happens When Courts Run Government* by Ross Sandler and David Schoenbrod](/cato-journal/spring/summer-2003/democracy-decree-what-happens-when-courts-run-government-ross-sandler)

By [Ronald D. Rotunda](https://www.cato.org/people/ronald-rotunda) 

##### [*First Among Equals: The Supreme Court in American Life* by Kenneth W. Starr](/cato-journal/spring/summer-2003/first-among-equals-supreme-court-american-life-kenneth-w-starr)

By Randolph J. May 

##### Latest Issues 

[![Cato Journal - v41n3 - Cover](/sites/cato.org/files/styles/serial_cover_phone/public/2021-10/cj-v41n3-cover-img.jpg?itok=5oFdtHHE)](https://www.cato.org/cato-journal/fall-2021) 

[Fall 2021](/cato-journal/fall-2021)

[![Cato Journal - v41n2 - Cover](/sites/cato.org/files/styles/serial_cover_phone/public/2021-05/cj-v42n2-cover.jpg?itok=Gsu0q9wJ)](https://www.cato.org/cato-journal/spring/summer-2021) 

[Spring/​Summer 2021](/cato-journal/spring/summer-2021)

[![Cato Journal - v41n1 - Cover](/sites/cato.org/files/styles/serial_cover_phone/public/2021-01/Cover.jpg?itok=FSh0s6W_)](https://www.cato.org/cato-journal/winter-2021) 

[Winter 2021](/cato-journal/winter-2021)

[![Cato - Fall 2020 - Cover](/sites/cato.org/files/styles/serial_cover_phone/public/2020-09/cj-v40n3-cover.jpg?itok=9jXN2iCd)](https://www.cato.org/cato-journal/fall-2020) 

[Fall 2020](/cato-journal/fall-2020)