TY - JOUR AU - Rogoff,Kenneth TI - International Institutions for Reducing Global Financial Instability JF - National Bureau of Economic Research Working Paper Series VL - No. 7265 PY - 1999 Y2 - July 1999 UR - http://www.nber.org/papers/w7265 L1 - http://www.nber.org/papers/w7265.pdf N1 - Author contact info: Kenneth S. Rogoff Thomas D Cabot Professor of Public Policy Economics Department Harvard University Littauer Center 216 Cambridge, MA 02138-3001 Tel: 617-495-4022 Fax: 617/495-7730 E-Mail: krogoff@harvard.edu AB - This paper asks how recent developments in research on banking and sovereign lending can help inform the debate on choosing a new international financial architecture. A broad range of plans is considered, including a global lender of last resort facility, an international bankruptcy court, an international debt insurance corporation, and unilateral controls on capital flows. ER -