Author: Guillermo A. Calvo
Publisher: MIT Press
ISBN: 9780262532600
Category : Business & Economics
Languages : en
Pages : 572
Book Description
Essays by leading economists and scholars reflecting on Mundell's broad influence on modern open-economy macroeconomics.
Money, Capital Mobility, and Trade
Author: Guillermo A. Calvo
Publisher: MIT Press
ISBN: 9780262532600
Category : Business & Economics
Languages : en
Pages : 572
Book Description
Essays by leading economists and scholars reflecting on Mundell's broad influence on modern open-economy macroeconomics.
Publisher: MIT Press
ISBN: 9780262532600
Category : Business & Economics
Languages : en
Pages : 572
Book Description
Essays by leading economists and scholars reflecting on Mundell's broad influence on modern open-economy macroeconomics.
Power in Motion
Author: Jeffrey A. Winters
Publisher: Cornell University Press
ISBN: 1501711547
Category : Political Science
Languages : en
Pages : 260
Book Description
No detailed description available for "Power in Motion".
Publisher: Cornell University Press
ISBN: 1501711547
Category : Political Science
Languages : en
Pages : 260
Book Description
No detailed description available for "Power in Motion".
Capital Flows and Crises
Author: Barry J. Eichengreen
Publisher: MIT Press
ISBN: 9780262550598
Category : Business & Economics
Languages : en
Pages : 396
Book Description
An analysis of the connections between capital flows and financial crises as well as between capital flows and economic growth.
Publisher: MIT Press
ISBN: 9780262550598
Category : Business & Economics
Languages : en
Pages : 396
Book Description
An analysis of the connections between capital flows and financial crises as well as between capital flows and economic growth.
Capital Mobility in Asia
Author: Juthathip Jongwanich
Publisher: Flipside Digital Content Company Inc.
ISBN: 981478608X
Category : Business & Economics
Languages : en
Pages : 168
Book Description
Ever since the East Asian financial crisis it has been recognized that emerging market economies are vulnerable to both excessive inflows of capital and sudden outflows. This book presents new research on the determinants and effects of capital flows as well as the effectiveness of capital control policies in dealing with volatile capital flows in emerging Asian countries. It examine three issues related to capital movements in Asia: (1) the key factors determining such mobility; (2) the impact of capital movements in a home country, especially on real exchange rates; and (3) the effectiveness of capital account policies.
Publisher: Flipside Digital Content Company Inc.
ISBN: 981478608X
Category : Business & Economics
Languages : en
Pages : 168
Book Description
Ever since the East Asian financial crisis it has been recognized that emerging market economies are vulnerable to both excessive inflows of capital and sudden outflows. This book presents new research on the determinants and effects of capital flows as well as the effectiveness of capital control policies in dealing with volatile capital flows in emerging Asian countries. It examine three issues related to capital movements in Asia: (1) the key factors determining such mobility; (2) the impact of capital movements in a home country, especially on real exchange rates; and (3) the effectiveness of capital account policies.
Capital Controls and Capital Flows in Emerging Economies
Author: Sebastian Edwards
Publisher: University of Chicago Press
ISBN: 0226184994
Category : Business & Economics
Languages : en
Pages : 699
Book Description
Some scholars argue that the free movement of capital across borders enhances welfare; others claim it represents a clear peril, especially for emerging nations. In Capital Controls and Capital Flows in Emerging Economies, an esteemed group of contributors examines both the advantages and the pitfalls of restricting capital mobility in these emerging nations. In the aftermath of the East Asian currency crises of 1997, the authors consider mechanisms that eight countries have used to control capital inflows and evaluate their effectiveness in altering the maturity of the resulting external debt and reducing macroeconomic vulnerability. This volume is essential reading for all those interested in emerging nations and the costs and benefits of restricting international capital flows.
Publisher: University of Chicago Press
ISBN: 0226184994
Category : Business & Economics
Languages : en
Pages : 699
Book Description
Some scholars argue that the free movement of capital across borders enhances welfare; others claim it represents a clear peril, especially for emerging nations. In Capital Controls and Capital Flows in Emerging Economies, an esteemed group of contributors examines both the advantages and the pitfalls of restricting capital mobility in these emerging nations. In the aftermath of the East Asian currency crises of 1997, the authors consider mechanisms that eight countries have used to control capital inflows and evaluate their effectiveness in altering the maturity of the resulting external debt and reducing macroeconomic vulnerability. This volume is essential reading for all those interested in emerging nations and the costs and benefits of restricting international capital flows.
The Mobility of Labor and Capital
Author: Saskia Sassen
Publisher: Cambridge University Press
ISBN: 9780521386722
Category : Business & Economics
Languages : en
Pages : 244
Book Description
In this empirical study, Saskia Sassen offers a fresh understanding of the processes of international migration. Focusing on immigration into the US from 1960 to 1985 and the part played by American economic activities abroad, as well as foreign investment in the US, she examines the various ways in which the internationalization of production contributes to the formation and direction of labor migration.
Publisher: Cambridge University Press
ISBN: 9780521386722
Category : Business & Economics
Languages : en
Pages : 244
Book Description
In this empirical study, Saskia Sassen offers a fresh understanding of the processes of international migration. Focusing on immigration into the US from 1960 to 1985 and the part played by American economic activities abroad, as well as foreign investment in the US, she examines the various ways in which the internationalization of production contributes to the formation and direction of labor migration.
Curbing the Boom-Bust Cycle: Stabilizing Capital Flows to Emerging Markets
Author: Williamson, John
Publisher: Peterson Institute
ISBN: 9780881325966
Category :
Languages : en
Pages : 160
Book Description
Publisher: Peterson Institute
ISBN: 9780881325966
Category :
Languages : en
Pages : 160
Book Description
Capital Mobility, Exchange Rates, and Economic Crises
Author: George Fane
Publisher: Edward Elgar Publishing
ISBN: 9781781957967
Category : Business & Economics
Languages : en
Pages : 238
Book Description
If flexible exchange rates are not adopted, central banks should at least avoid the widespread practice of trying to sterilise the monetary effects of capital flows." "The author argues that the implementation of this plan will be a far more effective way of enhancing financial stability than controlling international capital flows, or trying to force private lenders to make new loans to countries that suffer crises."--BOOK JACKET.
Publisher: Edward Elgar Publishing
ISBN: 9781781957967
Category : Business & Economics
Languages : en
Pages : 238
Book Description
If flexible exchange rates are not adopted, central banks should at least avoid the widespread practice of trying to sterilise the monetary effects of capital flows." "The author argues that the implementation of this plan will be a far more effective way of enhancing financial stability than controlling international capital flows, or trying to force private lenders to make new loans to countries that suffer crises."--BOOK JACKET.
The Political Economy of International Capital Mobility
Author: M. Watson
Publisher: Springer
ISBN: 023059266X
Category : Political Science
Languages : en
Pages : 266
Book Description
Matthew Watson draws a distinction between the spatial and the functional mobility of capital, allowing fresh insights into existing work on the subject whilst repoliticizing the very idea of capital being 'in motion'. The dynamics of capital mobility and the patterns of risk exposure are illustrated through four detailed global case studies.
Publisher: Springer
ISBN: 023059266X
Category : Political Science
Languages : en
Pages : 266
Book Description
Matthew Watson draws a distinction between the spatial and the functional mobility of capital, allowing fresh insights into existing work on the subject whilst repoliticizing the very idea of capital being 'in motion'. The dynamics of capital mobility and the patterns of risk exposure are illustrated through four detailed global case studies.
International Capital Flows
Author: Martin Feldstein
Publisher: University of Chicago Press
ISBN: 0226241807
Category : Business & Economics
Languages : en
Pages : 500
Book Description
Recent changes in technology, along with the opening up of many regions previously closed to investment, have led to explosive growth in the international movement of capital. Flows from foreign direct investment and debt and equity financing can bring countries substantial gains by augmenting local savings and by improving technology and incentives. Investing companies acquire market access, lower cost inputs, and opportunities for profitable introductions of production methods in the countries where they invest. But, as was underscored recently by the economic and financial crises in several Asian countries, capital flows can also bring risks. Although there is no simple explanation of the currency crisis in Asia, it is clear that fixed exchange rates and chronic deficits increased the likelihood of a breakdown. Similarly, during the 1970s, the United States and other industrial countries loaned OPEC surpluses to borrowers in Latin America. But when the U.S. Federal Reserve raised interest rates to control soaring inflation, the result was a widespread debt moratorium in Latin America as many countries throughout the region struggled to pay the high interest on their foreign loans. International Capital Flows contains recent work by eminent scholars and practitioners on the experience of capital flows to Latin America, Asia, and eastern Europe. These papers discuss the role of banks, equity markets, and foreign direct investment in international capital flows, and the risks that investors and others face with these transactions. By focusing on capital flows' productivity and determinants, and the policy issues they raise, this collection is a valuable resource for economists, policymakers, and financial market participants.
Publisher: University of Chicago Press
ISBN: 0226241807
Category : Business & Economics
Languages : en
Pages : 500
Book Description
Recent changes in technology, along with the opening up of many regions previously closed to investment, have led to explosive growth in the international movement of capital. Flows from foreign direct investment and debt and equity financing can bring countries substantial gains by augmenting local savings and by improving technology and incentives. Investing companies acquire market access, lower cost inputs, and opportunities for profitable introductions of production methods in the countries where they invest. But, as was underscored recently by the economic and financial crises in several Asian countries, capital flows can also bring risks. Although there is no simple explanation of the currency crisis in Asia, it is clear that fixed exchange rates and chronic deficits increased the likelihood of a breakdown. Similarly, during the 1970s, the United States and other industrial countries loaned OPEC surpluses to borrowers in Latin America. But when the U.S. Federal Reserve raised interest rates to control soaring inflation, the result was a widespread debt moratorium in Latin America as many countries throughout the region struggled to pay the high interest on their foreign loans. International Capital Flows contains recent work by eminent scholars and practitioners on the experience of capital flows to Latin America, Asia, and eastern Europe. These papers discuss the role of banks, equity markets, and foreign direct investment in international capital flows, and the risks that investors and others face with these transactions. By focusing on capital flows' productivity and determinants, and the policy issues they raise, this collection is a valuable resource for economists, policymakers, and financial market participants.