I have been blessed with two extraordinary editors on this project: Peter Dougherty, my acquisitions editor and now the director of Princeton University Press, and Jane Tufts, my developmental editor. Both care deeply about making a difference in the world, not by being in the spotlight but by helping authors like me to hone their ideas. Peter has been my brilliant strategist: he encouraged me to write a more ambitious book than I had originally planned. Jane has been my brilliant tactician: she has helped me write far more clearly and engagingly than I ever could have on my own. I have worked with Jane for over twenty years, and there is no one better in the business. I thank both Peter and Jane deeply.
I have also had the help of numerous readers, whose comments have made this a far better book. Bill Easterly, Ross Levine, and Sergio Schmukler have done the yeoman duty of reading two full drafts of the book. Their extensive comments have been invaluable to me. I have also had excellent comments from David Archer, Mario Blejer, Christian Broda, Charlie Calomiris, Jerry Caprio, Luis Cespedes, Jose De Gregorio, Barry Eichengreen, Bob Flood, Rodrigo Fuentes, Reuven Glick, Morris Goldstein, Steve Haber, Joon-Ho Hahm, Taka Ito, Jiri Jonas, Peter Kenen, Michael Klein, Arnold Leitner, Geraldo Licondro, Carlos Lozada, Paul Masson, Maury Obstfeld, Junggun Oh, Raghu Rajan, Dani Rodrick, Guido Sandleris, Klaus Schmidt-Hebbel, and Ted Truman. I have benefited from comments from participants in seminars at Columbia University, Cornell University, the University of Delaware, the Federal Deposit Insurance