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The book examines the rapid growth and dramatic changes in capital flows globally and to emerging markets. In the context of relevant economic theory, it analyses benefits and costs of large and volatile capital flows to developing countries; the latter includes damaging currency crises as the Mexican and East Asian economies. The book makes innovative proposals on how best national governments - and especially - international organisations can avoid such crises.
Published by: Palgrave Macmillan
Publication Date: 1998-09-21
Format: Hardcover
ISBN-13: 9780333726747
DOI: 10.1007/978-1-349-26912-9
Dimensions: 216cm x140cm
Pages: 206