The reform process triggered by the recent financial crisis is gradually making progress. Advances are underway in the area of banking regulation, accounting standards, and market infrastructure (e.g. clearing houses for derivatives, etc.). A new framework for macroprudential policy is also...

Papers are being sought that focus on the following topics from the perspective of global integration: • Monetary unions: theory and historical experience; • Current account and international portfolio dynamics; • International risk sharing; theory and evidence; • Financial and currency...