Lei Zhang has been actively involved with the people at the Centre on various issues concerning globalisation. These include his research on the international financial architecture ("Sovereign Liquidity Crises: The Strategic Case for a Payments Standstill", with Marcus Miller, Economic Journal, January, 2000. Paper in PDF), on capital market bubbles ("Moral Hazard and US Stock Market: Analysing the Greenspan Put", with Marcus Miller and Paul Weller, 2001. CSGR WP 83), and also on prudential regulation and sequencing of financial liberalisation (see, for example, "Sequencing of capital account liberalisation: A challenge to the Washington Consensus", with Marcus Miller, July, 1999. Paper in PDF).
For more details, see Dr. Zhang's web site.