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Short-Term Capital Flows and Economic Crises

Short-Term Capital Flows and Economic Crises

Hardcover

Series: Wider Studies in Development Economics

EconomicsInvesting & FinanceGeneral Political Science

ISBN10: 019829686X
ISBN13: 9780198296867
Publisher: Oxford University Press
Published: Apr 5 2001
Pages: 324
Weight: 1.39
Height: 0.75 Width: 6.14 Depth: 9.21
Language: English
The currency crises that engulfed East Asian economies in 1997 and Mexico in 1994--and their high development costs--raise a serious concern about the net benefits for developing countries of large flows of potentially reversible short-term international capital. Written by senior policy-makers and academics, the contributions to this volume examine in depth the macroeconomic and policy dilemmas confronting public authorities in the emerging economies as they deal with short-term capital movements, especially in the period before the outbreak of these crises.

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