Short-Term Capital Flows and Economic Crises
Stephany Griffith-Jones (Editor), Anwar Nasution (Editor), Manuel F. MontesBooks.org participates in affiliate programs including Bookshop.org and the Amazon Services LLC Associates Program. We may earn a commission from qualifying purchases made through links on this page, at no additional cost to you.
Overview
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.
Synopsis
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.