Recommended Readings from the IMF Bookstore

IMF Research Bulletin
Financial Crises: Causes, Consequences, and Policy Responses
edited by Stijn Claessens, M. Ayhan Kose, Luc Laeven, and Fabian Valencia
Financial Crises are the central economic concern of our time. In well-written chapters,
Financial Crises: Causes, Consequences, and Policy Responses covers every aspect of them:
their characteristics; how they should be managed; their shor t-term effects; their long-
term effects; how to avoid them in the first place; and, especially how to restructure those
overhanging debts. This volume superlatively encapsulates the work of many of the world’s
greatest experts on this topic of all topics.”
—George Akerlof—Nobel Laureate in Economics, 2001;
University of California Berkeley
$40. English. © 2014. 670 pp. Hardback. ISBN 978-1-47554-340-7
For more information on these t itles and other IMF publication s, please visit www.imfbooks
From Fragmentation to Financial Integration in Europe
edited by Charles Enoch, Luc Everaert, Thierry Tressel, and Jianping Zhou
“This book documents the tension between nationalistic fragmentation on t he one hand and
moves towards EU-wide solutions on the other, not least in the difficult on-going discussions
on a Single Resolution Mechanism and banking union. The careful assessment in this book
clearly reveals what a difficult exercise the achievement of a well-functioning European
financial system has become.”
—Charles A. Goodhart— Professor Emeritus of Banking and Finance,
London School of Economics
$45. English © 2013. 524 pp. Paperback. ISBN 978-1-48438-766-5
Cambodia: Entering a New Phase of Growth
edited by Olaf Unteroberdoerster
Cambodia is poised to join a new generation of Asian frontier economies transitioning from
low-income to emerging-market status. This book takes a closer look at the key economic
challenges Cambodia faces, highlighting its structural and financial constraints to growt h as
well as shifting vulnerabilities as Asia rebalances. It lays out how a strategy of fiscal and
financial sector policies can help mobilize resources for one of Asia’s youngest and fastest-
growing populations.
$25. English. © 2014. 161 pp. Paperback. ISBN 978-1-47556-078-7

To continue reading