The Impact of Regionalism and the Role of the G20
Edited by Jehoon Park, T. J. Pempel and Geng Xiao
Chapter 11: Global Financial Regulation: G2 or G20?
11. Global financial regulation: G2 or G20? T.J. Pempel1 11.1 INTRODUCTION July 1997 saw the beginnings of a massive run on the Thai baht. Despite a strenuous bailout effort costing $26 billion, the Thai government was not able to stem the attack,...
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