Program for honoring Professor Ronald McKinnon, June 1, 2002









 

Ronald I. McKinnon
 Senior Fellow, Stanford Center for International Development
William D. Eberle Professor of Economics, Stanford University
Ph.D., University of Minnesota; A.B., University of Alberta

Current Research:
Trade and financial policy in less developed and transitional economies, international finance and currency crises, Japan's liquidity trap, the world dollar standard and international financial architecture, the economics of market-preserving federalism.

Recent Publications:

  • The Order of Economic Liberalization: Financial Control in the Transition to a Market Economy, Johns Hopkins Press, 2nd ed., 1993.

  • The Rules of the Game: International Money and Exchange Rates, MIT Press, 1996.

  • "Exchange Rate Regimes for Emerging Markets, Moral Hazard, and International Overborrowing," (with Huw Pill), Oxford Review of Economic Policy, 1999.

  • "Limiting Moral Hazard and Reducing Risk in International Capital Flows: The Choice of an Exchange Rate Regime," The Annals of the American Academy of Economics and Political Science, 2002.

Teaching Interests:
International trade and finance, economic development, monetary theory and policy, financial control in developing and liberalizing socialist economies, money and banking.

Professional Affiliations:
AEA, World Bank, Asian Development bank, and IMF.