Poder de la Influencia, El: Geografía del Caciquismo en España (1875-1923) Varela Ortega, José Marcial Pons |
Lenguas en Diálogo: el Iberorromance y Su Diversidad Lingúística y Literaria Döhla, Hans-Jörg / Montero Muñoz, Raquel / Báez de Aguilar G Iberoamericana Vervuert |
Título: Capital Controls And Capital Flows In Emerging Economies. Policies, Practices, A | ||
Autor: Edwards Sebastian | Precio: $1287.00 | |
Editorial: University Of Chicago Press | Año: 2007 | |
Tema: Economia, Analisis, Politica Internacional | Edición: 1ª | |
Sinopsis | ISBN: 9780226184975 | |
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 Economies, 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. Acknowledgements Introduction Sebastian Edwards I. CAPITAL CONTROLS IN EMERGING COUNTRIES: ANALYTICAL ISSUES AND CROSS-COUNTRY EVIDENCE 1. Capital Flows in a Globalized World: The Role of Policies and Institutions Laura Alfaro, Sebnem Kalemli-Ozcan, and Vadym Volosovych Comment: Gerd Häusler 2. Capital Controls, Sudden Stops, and Current Account Reversals Sebastian Edwards Comment: Alan M. Taylor 3. Currency Mismatches, Debt Intolerance, and Original Sin: Why They Are Not the Same and Why It Matters Barry Eichengreen, Ricardo Hausmann, and Ugo Panizza Comment: Joshua Aizenman 4. The Microeconomic Evidence on Capital Controls: No Free Lunch Kristin J. Forbes Comment: Charles W. Calomiris 5. The International Exposure of U.S. Banks: Europe and Latin America Compared Linda S. Goldberg Comment: Matías Braun II. COUNTRY STUDIES 6. International Borrowing, Capital Controls, and the Exchange Rate: Lessons from Chile Kevin Cowan and José De Gregorio 7. International Borrowing and Macroeconomic Performance in Argentina Kathryn M. E. Dominguez and Linda L. Tesar Comment: Nicolas Magud 8. Capital Flows and Controls in Brazil: What Have We Learned? Ilan Goldfajn and André Minella 9. The Chinese Approach to Capital Inflows: Patterns and Possible Explanations Eswar Prasad and Shang-Jin Wei 10. South Korea's Experience with International Capital Flows Marcus Noland Comment: Gita Gopinath 11. Malaysian Capital Controls: Macroeconomics and Institutions Simon Johnson, Kalpana Kochhar, Todd Mitton, and Natalia Tamirisa Comment: Peter Blair Henry 12. Capital Flows and Exchange Rate Volatility: Singapore's Experience Basant K. Kapur Comment: Chair Chari 13. India's Experience with Capital Flows: The Elusive Quest for a Sustainable Current Account Deficit Ajay Shah and Ila Patnaik 14. Capital Controls: An Evaluation Nicolas Magud and Carmen M. Reinhart Contributors Author Index Subject Index |