| List of Figures | |
| List of Tables | |
| Introduction | |
| 1 | The Endogeneity of Exchange-Rate Regimes | 3 |
| 2 | Exchange-Rate Behavior under Alternative Exchange-Rate Arrangements | 34 |
| 3 | Panel: One Money for How Many? | 84 |
| 4 | Exchange Rates, Prices, and External Adjustment in the United States and Japan | 107 |
| 5 | The Dynamic-Optimizing Approach to the Current Account: Theory and Evidence | 169 |
| 6 | International Capital Mobility in the 1990s | 201 |
| 7 | A Retrospective on the Debt Crisis | 262 |
| 8 | Trade Liberalization in Disinflation | 291 |
| 9 | Inflation and Growth in an Integrated Approach | 313 |
| 10 | Panel: The Outlook for Stabilization and Reform in Central and Eastern Europe | 368 |
| 11 | International Cooperation in the Making of National Macroeconomic Policies: Where Do We Stand? | 391 |
| 12 | The Political Economy of Monetary Union | 448 |
| 13 | What Do We Need to Know about the International Monetary System? | 509 |
| Conference Participants | 531 |
| Author Index | 535 |
| Subject Index | 543 |
