@article {29502,
	title = {Institutions for Reducing Global Financial Instability},
	journal = {Journal of Economic Perspectives},
	volume = {13},
	year = {1999},
	note = {{\textcopyright} Copyright 1999 by the American Economic Association. Posted with permission. One copy may be printed for individual use only.
 NBER Working Paper $\#$7265 },
	pages = {21{\textendash}42},
	abstract = {This paper asks how recent developments in research on banking and sovereign lending can help inform the debate on choosing a new international financial architecture. A broad range of plans is considered, including a global lender of last resort facility, an international bankruptcy court, an international debt insurance corporation, and unilateral controls on capital flows.},
	author = {Kenneth Rogoff}
}
