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Papers presented at the conference on Critical Issues in Financial Reform: Latin American‑Caribbean and Canadian Perspectives

Session 1: The Objectives of International Financial Reform

Main Issues in International Financial Reform
José Antonio Ocampo, ECLAC

Reform at a Standstill: A Flock of Gs in Search of a Destination
Roy Culpeper, North-South Institute

Linkages Between National Capital Markets: Does Globalization Expose Policy Gaps?
John Helliwell, University of British Columbia

The Emergence of Structural Conditionality in International Financial Institutions
Louis Pauly, University of Toronto

Session 2: Managing the Exchange Rate and Capital Flows

Capital Flows to LAC in the 1990s: Overall Trends and Policy Implications
Martine Guerguil, International Monetary Fund

The Chilean Experience with Capital Flows and Exchange Rate Policy
Ricardo Ffrench-Davis, ECLAC

The Colombian Economy in the Nineties: Capital Flows and Foreign Exchange Regimes
Leonardo Villar, Central Bank of Colombia
Hernán Rincón, Central Bank of Colombia

Session 3: Efficiency and Distributional Implications of Financial Liberalization

Regulatory and Other Issues in a New Financial Architecture: A Developing Country Perspective
Stephany Griffith-Jones, University of Sussex

Trade and Competitiveness Implications of Financial Reform
José María Fanelli, CEDES - Argentina
Rohinton Medhora, International Development Research Centre

Implications of Financial Liberalization in Canada
Donald Brean, University of Toronto

Domestic Banking Crises in Middle Income Developing Countries: Who Pays the Price and Why?
Sylvia Maxfield, Harvard University

Session 4: Issues of Financial Crisis Management

An Overview of the Issues in Financial Crisis Management
Dionísio Carneiro, Catholic University of Rio de Janeiro

Financial Crisis Management in Brazil
Francisco Lopes, former President of the Central Bank of Brazil

Financial Crisis Management in Ecuador
Augusto de la Torre, World Bank
                  
Firm Size and the Impact of Financial Liberalization and Integration
Albert Berry, University of Toronto
Clemente Ruiz, UNAM - Mexico

The Effects of Economic Crises on Income Distribution: Analysis of the Labour Market Mechanisms in the Mexican and Asian Financial Crises
Susan Horton, University of Toronto
Dipak Mazumdar, University of Toronto
Diana Alarcón, Inter-American Development Bank
Eduardo Zepeda, University of Coahuila