pitfalls. The book is divided into five sections, which explore commodity markets and the macroeconomy

vulnerabilities and the need for countries to develop well-regulated local capital markets and banking systems, as

financial markets, and (4) the post-crisis outlook. It also discusses the challenges facing sovereign

-- Different roles for the exchange rate and the policy trade-offs -- Foreign exchange market intervention in

frameworks. The results reflect a new dataset covering reforms of domestic product markets, international

Bulgaria, Romania, and Ukraine / Role of housing markets and foreign-owned banks in the credit expansion in