Managing Capital Flows and Exchange Rates Perspectives from the Pacific Basin |
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Editor:
| Glick, Reuven |
Contribution by:
| Klein, Michael Agenor, Pierre-Richard Goldberg, Linda S. Bohn, Henning Tesar, Linda L. Hoffmaister, Alexander Eicher, Theo S. |
ISBN: | 978-0-521-62323-0 |
Publication Date: | Jun 1998 |
Publisher: | Cambridge University Press
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Book Format: | Hardback |
List Price: | AUD $204.95 |
Book Description:
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Emerging economies have been the beneficiaries of sharply increased volumes of international capital inflows in the last 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...
More DescriptionEmerging economies have been the beneficiaries of sharply increased volumes of international capital inflows in the last 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.