Short-Term Capital Flows and Economic Crises
, by Griffith-Jones, Stephany; Montes, Manuel F.; Nasution, AnwarNote: Supplemental materials are not guaranteed with Rental or Used book purchases.
- ISBN: 9780198296867 | 019829686X
- Cover: Hardcover
- Copyright: 4/5/2001
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.