Global Financial Instability: Framework, Events, Issues
定义了金融不稳定并说明其如何损害经济活动，用该框架描述了墨西哥和东亚金融危机，最后提出关键政策问题。
Two of the key questions facing policymakers today are how to reduce the risk of global financial instability and how to cope with it when it occurs. This paper starts by defining financial instability and then showing how it harms economic activity. It then uses this framework to describe what happened during the recent financial crises in Mexico and East Asia. The paper ends by raising several key policy issues; not coincidentally, these issues are addressed in the remaining papers in the symposium.