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Capital Controls and Capital Flows in Emerging Economies : Policies, Practices, and Consequences (Hardcover)

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Product Overview

Some scholars argue that the free movement of capital across borders enhances welfare; others claim it represents a clear peril, especially for emerging nations. In "Capital Controls and Capital Flows in Emerging Economie"s, an esteemed group of contributors examines both the advantages and the pitfalls of restricting capital mobility in these emerging nations.
In the aftermath of the East Asian currency crises of 1997, the authors consider mechanisms that eight countries have used to control capital inflows and evaluate their effectiveness in altering the maturity of the resulting external debt and reducing macroeconomic vulnerability. This volume is essential reading for all those interested in emerging nations and the costs and benefits of restricting international capital flows.


Publisher Univ of Chicago Pr
Mfg Part# 9780226184975
SKU 204174612
Format Hardcover
ISBN10 0226184978
Release Date 5/23/2007
Product Attributes
Book Format Hardcover
Number of Pages 0688
Publisher University of Chicago Press
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