Evolving global financial markets: implications for capital flows
and capital standards in emerging market economies.
Abstract
(a) Global financial trends (securitisation, globalisation, consolidation)
(b) International capital flows
- general problems and solutions
  - creditor-side responses
- debtor-side responses
(c) International capital standards
- general review of standards, the merits of benchmarking,
and practical problems of implementation
- the particular case of the new Basel Accord;
should it
apply to emerging market economies ?