William N Kring
Datos Biográficos
| ID | 1398537 |
|---|---|
| NOMBRE | William N Kring |
| NOMBRES | William N |
| APELLIDO | Kring |
| FIRMA | KRING W N |
| AFILIACIONES | 2 Boston University Global Development Policy Center USA Boston |
| ORCID | 0000-0002-6574-4524 |
| VERIFICADO | Sí |
| TOTAL DE OBRAS | 8 |
| TOTAL DE CITAS | 35 |
| TOTAL COMO AUTOR | 8 |
| TOTAL COMO EDITOR | 0 |
| PRIMER AÑO DE PUBLICACIÓN | 2019 |
| AÑO MÁS RECIENTE DE PUBLICACIÓN | 2023 |
| ÍNDICE H | 2 |
Financial cooperation in the Asia-Pacific as regime complex
Since the 1997 Asian Financial Crisis, East Asia has gone from having virtually no regional financial cooperation to having multiple cooperative arrangements. This article focuses on the issue area of emergency liquidity provision, where global (International Monetary Fund), regional (Chiang Mai Initiative Multilateralization), and bilateral arrangements co-exist and overlap in complicated ways, forming a regime complex. While the overall system …
The varieties of financial statecraft and middle powers
In recent years, the financial statecraft literature has expanded from a focus on great powers to encompass the behavior of emerging powers. While offering an important corrective, the literature does not yet adequately address the full variety of the emerging powers’ strategies of financial statecraft. In particular, we argue that regional middle powers behave differently from regional great powers even when they have similar capacities at the g…
Safety First
We call for strengthening the Global Financial Safety Net (GFSN) to manage the economic effects of COVID‐19, in particular the massive capital outflows from emerging market and developing economies EMDEs and the global shortage of dollar liquidity. Both the United Nations (UN) and the International Monetary Fund (IMF) estimate that EMDEs need an immediate $2.5 trillion, yet the financing available to them is just $700 to $971 billion. To meet the…
How has Asean+3 financial cooperation affected global financial governance
In the wake of the Asian Financial Crisis, East Asia’s efforts to enhance regional financial cooperation raised the possibility of East Asia playing a more assertive role in global financial governance. However, despite the region’s increased voice in governance and economic weight, East Asian financial systems and markets have mostly adapted to global norms developed in New York, London, and Washington, DC. We argue that the failure of East Asia…
Whatever it takes? The global financial safety net, Covid-19, and developing countries
Institutionalizing Financial Cooperation in East Asia
Since the 1997 Asian financial crisis, East Asia’s ASEAN+3 states have built the second-largest regional emergency liquidity fund in the world, the Chiang Mai Initiative Multilateralization (CMIM). With a total commitment of $ 240 billion to aid member states facing a currency crisis, CMIM can provide more funds to members than the International Monetary Fund (IMF). Nonetheless, CMIM continues to be functionally subordinate to IMF decisions. This…
Strengthening the Foundations? Alternative Institutions for Finance and Development
The 21st century has ushered in the emergence of alternative institutions for liquidity provision and development finance, many of which are Southern-led. The special issue that follows this Introduction assesses the extent to which existing theoretical perspectives and tools are sufficient for evaluating the implications of these alternatives for the global financial architecture. Our analysis finds that while an increasingly varied landscape of…
Leaving the Nest
This article examines the impact of regional financial arrangements (RFAs) on the global liquidity regime. It argues that the design of RFAs could potentially alter the global regime, whether by strengthening it and making it more coherent or by decentring the International Monetary Fund (IMF) and destabilizing it. To determine possible outcomes, this analysis deploys a 'middle-up' approach that focuses on the institutional design of these RFAs. …
Whatever it takes? The global financial safety net, Covid-19, and developing countries
Strengthening the Foundations? Alternative Institutions for Finance and Development
The 21st century has ushered in the emergence of alternative institutions for liquidity provision and development finance, many of which are Southern-led. The special issue that follows this Introduction assesses the extent to which existing theoretical perspectives and tools are sufficient for evaluating the implications of these alternatives for the global financial architecture. Our analysis finds that while an increasingly varied landscape of…
The varieties of financial statecraft and middle powers
In recent years, the financial statecraft literature has expanded from a focus on great powers to encompass the behavior of emerging powers. While offering an important corrective, the literature does not yet adequately address the full variety of the emerging powers’ strategies of financial statecraft. In particular, we argue that regional middle powers behave differently from regional great powers even when they have similar capacities at the g…
Leaving the Nest
This article examines the impact of regional financial arrangements (RFAs) on the global liquidity regime. It argues that the design of RFAs could potentially alter the global regime, whether by strengthening it and making it more coherent or by decentring the International Monetary Fund (IMF) and destabilizing it. To determine possible outcomes, this analysis deploys a 'middle-up' approach that focuses on the institutional design of these RFAs. …
Financial cooperation in the Asia-Pacific as regime complex
Since the 1997 Asian Financial Crisis, East Asia has gone from having virtually no regional financial cooperation to having multiple cooperative arrangements. This article focuses on the issue area of emergency liquidity provision, where global (International Monetary Fund), regional (Chiang Mai Initiative Multilateralization), and bilateral arrangements co-exist and overlap in complicated ways, forming a regime complex. While the overall system …
Institutionalizing Financial Cooperation in East Asia
Since the 1997 Asian financial crisis, East Asia’s ASEAN+3 states have built the second-largest regional emergency liquidity fund in the world, the Chiang Mai Initiative Multilateralization (CMIM). With a total commitment of $ 240 billion to aid member states facing a currency crisis, CMIM can provide more funds to members than the International Monetary Fund (IMF). Nonetheless, CMIM continues to be functionally subordinate to IMF decisions. This…
Strengthening the Foundations? Alternative Institutions for Finance and Development
The 21st century has ushered in the emergence of alternative institutions for liquidity provision and development finance, many of which are Southern-led. The special issue that follows this Introduction assesses the extent to which existing theoretical perspectives and tools are sufficient for evaluating the implications of these alternatives for the global financial architecture. Our analysis finds that while an increasingly varied landscape of…
Leaving the Nest
This article examines the impact of regional financial arrangements (RFAs) on the global liquidity regime. It argues that the design of RFAs could potentially alter the global regime, whether by strengthening it and making it more coherent or by decentring the International Monetary Fund (IMF) and destabilizing it. To determine possible outcomes, this analysis deploys a 'middle-up' approach that focuses on the institutional design of these RFAs. …
How has Asean+3 financial cooperation affected global financial governance
In the wake of the Asian Financial Crisis, East Asia’s efforts to enhance regional financial cooperation raised the possibility of East Asia playing a more assertive role in global financial governance. However, despite the region’s increased voice in governance and economic weight, East Asian financial systems and markets have mostly adapted to global norms developed in New York, London, and Washington, DC. We argue that the failure of East Asia…
Whatever it takes? The global financial safety net, Covid-19, and developing countries
Institutionalizing Financial Cooperation in East Asia
Since the 1997 Asian financial crisis, East Asia’s ASEAN+3 states have built the second-largest regional emergency liquidity fund in the world, the Chiang Mai Initiative Multilateralization (CMIM). With a total commitment of $ 240 billion to aid member states facing a currency crisis, CMIM can provide more funds to members than the International Monetary Fund (IMF). Nonetheless, CMIM continues to be functionally subordinate to IMF decisions. This…
Safety First
We call for strengthening the Global Financial Safety Net (GFSN) to manage the economic effects of COVID‐19, in particular the massive capital outflows from emerging market and developing economies EMDEs and the global shortage of dollar liquidity. Both the United Nations (UN) and the International Monetary Fund (IMF) estimate that EMDEs need an immediate $2.5 trillion, yet the financing available to them is just $700 to $971 billion. To meet the…
Financial cooperation in the Asia-Pacific as regime complex
Since the 1997 Asian Financial Crisis, East Asia has gone from having virtually no regional financial cooperation to having multiple cooperative arrangements. This article focuses on the issue area of emergency liquidity provision, where global (International Monetary Fund), regional (Chiang Mai Initiative Multilateralization), and bilateral arrangements co-exist and overlap in complicated ways, forming a regime complex. While the overall system …
The varieties of financial statecraft and middle powers
In recent years, the financial statecraft literature has expanded from a focus on great powers to encompass the behavior of emerging powers. While offering an important corrective, the literature does not yet adequately address the full variety of the emerging powers’ strategies of financial statecraft. In particular, we argue that regional middle powers behave differently from regional great powers even when they have similar capacities at the g…
Business (8 obras) · Finance (8 obras) · Economics (7 obras) · International Development and Aid (7 obras) · Financial system (6 obras) · Global Financial Crisis and Policies (5 obras) · Political science (5 obras) · China (4 obras) · Financial crisis (4 obras) · Market liquidity (4 obras)