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October 31, 2011

China
Renminbi Internationalization and China's Financial Development Model

Overview Internationalization was a spontaneous outcome of the marketplace for the rest of the world’s major currencies, but China is breaking with history by making it official policy to steer th…

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April 1, 2009

Economic Crises
An Expedited Resolution Mechanism for Distressed Financial Firms

Overview This Working Paper, the third in the Squam Lake Working Group series distributed by the Center for Geoeconomic Studies, recommends support for a new regulatory hybrid security that will e…

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September 7, 2017

Corruption
How Anonymous Shell Companies Finance Insurgents, Criminals, and Dictators

The United States is one of the primary facilitators of anonymous shell companies, which are often used to fund terrorism and crime that threaten U.S. interests.

Panamanian law firm Mossack Fonseca

July 1, 1998

Capital Flows
Capital Flows and the International Financial Architecture

Overview This paper addresses the questions that arose out of the Asian financial crisis of 1997-1998, specifically whether or not financial liberality is inherently beneficial. Several notable sc…

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October 5, 2000

Financial Markets
A Financial Architecture for Middle-Class-Oriented Development

Overview In the wake of the 1997-98 financial crises in emerging economies, many prominent thinkers focused their energies on what went wrong, how it could have been prevented, and what reform mea…

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