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Managing Capital Flows and Exchange Rates

Managing Capital Flows and Exchange Rates

Hardcover

EconomicsInvesting & Finance

ISBN10: 0521623235
ISBN13: 9780521623230
Publisher: Cambridge University Press
Published: Jun 13 1998
Pages: 526
Weight: 2.01
Height: 1.32 Width: 6.34 Depth: 9.22
Language: English
Emerging economies have been the beneficiaries of sharply increased volumes of international capital inflows in the past decade. These inflows have eased foreign financing constraints and offered the potential for higher investment and growth. At the same time, they have posed challenges for policy makers by threatening to fuel inflation, adversely affect international competitiveness, and undermine domestic banking stability. The essays in this volume provide a timely and useful comparison of the experiences of emerging Pacific Basin countries in both Asia and Latin America.

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