世界金融危机的教训，2010年出版
1. Introduction 1
Stephany Griffith-Jones, Jose´ Antonio Ocampo, and Joseph E. Stiglitz
Part I. The Crisis in the United States
2. The Financial Crisis of 2007–8 and its Macroeconomic
Consequences 19
Joseph E. Stiglitz
3. Sub-Prime Finance: Yes, We are Still in Kansas 50
Gerard Caprio, Jr.
4. Background Considerations to a Re-Regulation of the
US Financial System: Third Time a Charm? Or Strike Three? 62
Jan Kregel
5. Responding to the Crisis 76
Joseph E. Stiglitz
Part II. Reforming Financial Regulation
6. Central Banks, Liquidity, and the Banking Crisis 101
Philip Turner
7. Agenda and Criteria for Financial Regulatory Reform 126
Jane D’Arista and Stephany Griffith-Jones
8. The Role of Policy and Banking Supervision in the Light
of the Credit Crisis 150
Avinash D. Persaud
9. How, If At All, Should Credit Rating Agencies (CRAs) Be
Regulated? 164
C. A. E. Goodhart
10. Credit Default Swaps: The Key to Financial Reform 185
Perry Mehrling
11. Governing the Global Regulatory System 200
Marion Williams
Part III. Developing Country Perspectives
12. The Management of Capital Flows and Financial Vulnerability
in Asia 219
Yılmaz Akyu¨z
13. Regulation of the Financial Sector in Developing Countries:
Lessons from the 2008 Financial Crisis 242
Y. V. Reddy
14. Economic Development and the International Financial
System 253
Roberto Frenkel and Martin Rapetti
15. The Accumulation of International Reserves as a
Defense Strategy 269
Fernando J. Cardim de Carvalho
Part IV. Reforming the Global Monetary System
16. Reforming the Global Reserve System 289
Jose´ Antonio Ocampo
17. A Modest Proposal for International Monetary Reform 314
Bruce Greenwald and Joseph E. Stiglitz