International Capital Markets: Developments, Prospects, and Policy Issues

by D.F.I. Folkerts-Landau, Takatoshi Ito, Marcel Cassard

The years from 1992 to mid 1995 were marked by a series of crises in international financial markets. This report discusses how the control and management of financial risk have been strengthened by efforts in the official and private sectors in major industrial countries, and goes on to survey developments in international financial markets. Also considered are two policy challenges, the resolution of which is essential for the stable evolution of the international financial system. Firsty, how to extend the supervisory and regulatory practices developed under existing Group Ten multilateral arrangements to include the growing number of emerging market countries, and secondly, how to reduce the potential for disruptions in the global foreign exchange market.

202 pages, Paperback

First published August 1, 1995

About the author

David Fokke Ihno Folkerts-Landau (born May 21, 1949) is a German born economist. He became member of the Deutsche Bank Group Executive Committee in 2012 and was named chief economist of Deutsche Bank on 1 June 2012.

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David Fokke Ihno Folkerts-Landau (* 21. Mai 1949 in Upleward) ist ein deutscher Volkswirt, Hochschullehrer und Sachbuchautor.