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# Winter 1999 

Vol. 18 No. 3 

The Global Financial Architecture

##### Articles 

#### [Introduction ](/cato-journal/winter-1999/introduction)

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

#### [Building an International Financial Architecture for the 21st Century ](/cato-journal/winter-1999/building-international-financial-architecture-21st-century)

By Lawrence H. Summers 

#### [Reshaping the Global Financial Architecture: Is There a Role for the IMF? ](/cato-journal/winter-1999/reshaping-global-financial-architecture-there-role-imf)

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

#### [Reflections on Exchange Rate Regimes ](/cato-journal/winter-1999/reflections-exchange-rate-regimes)

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

#### [Increasing Global Financial Integrity: The Roles of Market Discipline, Regulation, and Supervision ](/cato-journal/winter-1999/increasing-global-financial-integrity-roles-market-discipline-regulation)

By Laurence H. Meyer 

#### [The Role of Private Regulation in Maintaining Global Financial Stability ](/cato-journal/winter-1999/role-private-regulation-maintaining-global-financial-stability)

By Randall S. Kroszner 

#### [International Rescues versus Bailouts: A Historical Perspective ](/cato-journal/winter-1999/international-rescues-versus-bailouts-historical-perspective)

By Michael D. Bordo 

#### [Creditor Panics: Causes and Remedies ](/cato-journal/winter-1999/creditor-panics-causes-remedies)

By Jeffrey D. Sachs 

#### [Lessons from the Asian Financial Crisis ](/cato-journal/winter-1999/lessons-asian-financial-crisis)

#### [Asia: The Fall of a Second Berlin Wall ](/cato-journal/winter-1999/asia-fall-second-berlin-wall)

By [José Piñera](https://www.cato.org/people/jose-pinera) 

#### [A Monetary Constitution for Argentina: Rules for Dollarization ](/cato-journal/winter-1999/monetary-constitution-argentina-rules-dollarization)

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

#### [Lessons from the Monetary Experience of Panama: A Dollar Economy with Financial Integration ](/cato-journal/winter-1999/lessons-monetary-experience-panama-dollar-economy-financial-integration)

By Juan Luis Moreno-Villalaz 

#### [The Euro: How Important? ](/cato-journal/winter-1999/euro-how-important)

By Robert Mundell 

#### [The Impending Collapse of the European Monetary Union ](/cato-journal/winter-1999/impending-collapse-european-monetary-union)

By Charles Calomiris 

#### [Is Inflation Too Low? ](/cato-journal/winter-1999/inflation-too-low)

By [William Poole](https://www.cato.org/people/william-poole) 

##### Book Review 

##### [*Hayek: Economist and Philosopher* edited by Stephen Frowen](/cato-journal/winter-1999/hayek-economist-philosopher-edited-stephen-frowen)

By Viktor Vanberg 

##### [*The Noblest Triumph: Property and Prosperity Through the Ages* by Tom Bethell](/cato-journal/winter-1999/noblest-triumph-property-prosperity-through-ages-tom-bethell)

##### [*The Story of American Freedom* by Eric Foner](/cato-journal/winter-1999/story-american-freedom-eric-foner)

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

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