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Short-Term Capital Flows and Economic Crises (Wider Studies in Development Economics)
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ISBN
:
9780198296867
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Publisher
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Oxford University Press, USA
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Subject
:
Economics, Politics & Government, Finance & Accounting
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Binding
:
HARDCOVER
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Pages
:
328
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Year
:
2001
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Description
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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Author Biography
Stephany Griffith-Jones is at University of Sussex. Manuel F. Montes is at East-West Centre, Hawaii.
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