Edited by Volbert Alexander, Goethe Business School, Germany and Hans-Helmut Kotz, The Minda de Gunzburg Center for European Studies, Harvard University, US

• Contents:PrefaceThe Athenian Policy ForumIntroductionPART ONE: PROBLEMS OF INTERNATIONAL TRADE1. Currency Misalignments and Trade Asymmetries Among Major Economic AreasDominick Salvatore2. Free Trade and PovertyFernando A. Noriega-UreñaPART TWO: EXCHANGE RATE ASPECTS AND FINANCIAL MARKETS3. The East Asian Dollar Standard, Fear of Floating, and Original SinRonald McKinnon and Gunther Schnabl4. Integration and Convergence of Financial Markets in the European UnionBala Batavia, Parameswar Nandakumar and Cheick WaguéPART THREE: ASYMMETRIES IN BANKING SECTORS5. Asymmetries in US Banking: The Role of Black-Owned BanksNicholas A. Lash6. The Extranjerización of the Mexican Banking Sector: Expectations and ResultsCarlos A. RozoPART FOUR: MONETARY POLICY ISSUES7. Asymmetries in Transatlantic Monetary Policy Relationship? ECB versus FEDAnsgar Belke and Daniel Gros8. Rethinking Monetary Stabilization in the Presence of an Asset Bubble: Should the Response be Symmetric or Asymmetric?Marc D. Hayford and A.G. MalliarisPART FIVE: ACCESSION COUNTRIES AND EMU9. The Internationalization of the Euro: Trends, Challenges and RisksGeorge Michalopoulos10. Linkages in the Term Structures of the EU Accession CountriesMinoas I. Koukouritakis and Leo Michelis Index

'. . . a wonderful book for those interested in issues of trade, finance and monetary integration, as well as in some peculiarities of the Mexican and US banking systems. It is also an excellent selection for upper-level or graduate courses in international economics and development, as it requires that the reader be familiar not only with theory, but also possess a decent mathematical background.'

Edited by Volbert Alexander, Goethe Business School, Germany and Hans-Helmut Kotz, The Minda de Gunzburg Center for European Studies, Harvard University, US

• Contents:PrefaceThe Athenian Policy ForumIntroductionPART ONE: PROBLEMS OF INTERNATIONAL TRADE1. Currency Misalignments and Trade Asymmetries Among Major Economic AreasDominick Salvatore2. Free Trade and PovertyFernando A. Noriega-UreñaPART TWO: EXCHANGE RATE ASPECTS AND FINANCIAL MARKETS3. The East Asian Dollar Standard, Fear of Floating, and Original SinRonald McKinnon and Gunther Schnabl4. Integration and Convergence of Financial Markets in the European UnionBala Batavia, Parameswar Nandakumar and Cheick WaguéPART THREE: ASYMMETRIES IN BANKING SECTORS5. Asymmetries in US Banking: The Role of Black-Owned BanksNicholas A. Lash6. The Extranjerización of the Mexican Banking Sector: Expectations and ResultsCarlos A. RozoPART FOUR: MONETARY POLICY ISSUES7. Asymmetries in Transatlantic Monetary Policy Relationship? ECB versus FEDAnsgar Belke and Daniel Gros8. Rethinking Monetary Stabilization in the Presence of an Asset Bubble: Should the Response be Symmetric or Asymmetric?Marc D. Hayford and A.G. MalliarisPART FIVE: ACCESSION COUNTRIES AND EMU9. The Internationalization of the Euro: Trends, Challenges and RisksGeorge Michalopoulos10. Linkages in the Term Structures of the EU Accession CountriesMinoas I. Koukouritakis and Leo Michelis Index

'. . . a wonderful book for those interested in issues of trade, finance and monetary integration, as well as in some peculiarities of the Mexican and US banking systems. It is also an excellent selection for upper-level or graduate courses in international economics and development, as it requires that the reader be familiar not only with theory, but also possess a decent mathematical background.'

Edited by Volbert Alexander, Goethe Business School, Germany and Hans-Helmut Kotz, The Minda de Gunzburg Center for European Studies, Harvard University, US

• Contents:PrefaceThe Athenian Policy ForumIntroductionPART ONE: PROBLEMS OF INTERNATIONAL TRADE1. Currency Misalignments and Trade Asymmetries Among Major Economic AreasDominick Salvatore2. Free Trade and PovertyFernando A. Noriega-UreñaPART TWO: EXCHANGE RATE ASPECTS AND FINANCIAL MARKETS3. The East Asian Dollar Standard, Fear of Floating, and Original SinRonald McKinnon and Gunther Schnabl4. Integration and Convergence of Financial Markets in the European UnionBala Batavia, Parameswar Nandakumar and Cheick WaguéPART THREE: ASYMMETRIES IN BANKING SECTORS5. Asymmetries in US Banking: The Role of Black-Owned BanksNicholas A. Lash6. The Extranjerización of the Mexican Banking Sector: Expectations and ResultsCarlos A. RozoPART FOUR: MONETARY POLICY ISSUES7. Asymmetries in Transatlantic Monetary Policy Relationship? ECB versus FEDAnsgar Belke and Daniel Gros8. Rethinking Monetary Stabilization in the Presence of an Asset Bubble: Should the Response be Symmetric or Asymmetric?Marc D. Hayford and A.G. MalliarisPART FIVE: ACCESSION COUNTRIES AND EMU9. The Internationalization of the Euro: Trends, Challenges and RisksGeorge Michalopoulos10. Linkages in the Term Structures of the EU Accession CountriesMinoas I. Koukouritakis and Leo Michelis Index

'. . . a wonderful book for those interested in issues of trade, finance and monetary integration, as well as in some peculiarities of the Mexican and US banking systems. It is also an excellent selection for upper-level or graduate courses in international economics and development, as it requires that the reader be familiar not only with theory, but also possess a decent mathematical background.'