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Banking And Financial Reform At The Crossroads Of The Neoliberal Contagion, Timothy A. Canova
Banking And Financial Reform At The Crossroads Of The Neoliberal Contagion, Timothy A. Canova
Timothy A. Canova
At the time of publication, this article provided the most in-depth critique of capital account liberalization in any U.S. law journal. The article stemmed from a paper presented by the author to the Seventh Annual Conference of the United States-Mexico Law Institute in Santa Fe, New Mexico on October 3, 1998, during the climax of one of the most volatile periods in the global financial markets. The Russian ruble was in free fall, and so was Long-Term Capital Management, a hedge fund that was threatening to bring down its own large creditors. The crisis was averted only by an emergency …