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Summary of Short Term Capital Flows and Economic Crises by Stephany Griffith-Jones PDF

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 other 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. The studies are based on comparative case studies of key emerging economies. Valuable insights are also derived from contrasts between the East Asian, Latin American, African, and European experiences, between the financial and real effects of financial flows, and between private and public responsibilities in managing financial markets. The great value of the chapters in this volume is that they analytically identify the weaknesses in both domestic and international capital market regimes. The recommendations derived from this analysis apply to the development of financial markets in developing countries, the monitoring and regulation of mutual funds in source countries, and the future development of international capital markets. They will make an important contribution both to the discussion of national policies and of a new international financial architechture.


Detail About Short Term Capital Flows and Economic Crises PDF

  • Author : Stephany Griffith-Jones
  • Publisher : OUP Oxford
  • Genre : Business & Economics
  • Total Pages : 325 pages
  • ISBN : 0191589144
  • PDF File Size : 30,5 Mb
  • Language : English
  • Rating : 4/5 from 21 reviews

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Short-Term Capital Flows and Economic Crises

Short-Term Capital Flows and Economic Crises
  • Publisher : OUP Oxford
  • File Size : 52,9 Mb
  • Release Date : 01 February 2001
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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

Capital Flows and Financial Crises

Capital Flows and Financial Crises
  • Publisher : Cornell University Press
  • File Size : 29,5 Mb
  • Release Date : 05 September 2018
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Capital flows to the developing economies have long displayed a boom-and-bust pattern. Rarely has the cycle turned as abruptly as it did in the 1990s, however: surges in lending were

Capital Flows, Financial Markets and Banking Crises

Capital Flows, Financial Markets and Banking Crises
  • Publisher : Routledge
  • File Size : 22,7 Mb
  • Release Date : 21 April 2017
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The increasing capital flows in the emerging markets and developed countries have raised various concerns worldwide. One main concern is the impact of the sharp decline of capital flows – so-called

Capital Flows and Crises

Capital Flows and Crises
  • Publisher : MIT Press
  • File Size : 36,9 Mb
  • Release Date : 03 June 2024
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An analysis of the connections between capital flows and financial crises as well as between capital flows and economic growth.

Coping with International Capital Flows

Coping with International Capital Flows
  • Publisher : Commonwealth Secretariat
  • File Size : 54,8 Mb
  • Release Date : 03 June 1997
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Private capital flows to developing countries have increased dramatically. This book identifies key concerns about the sustainability and volatility of these flows, and makes a number of recommendations for national

Capital Flows and the Twin Crises

Capital Flows and the Twin Crises
  • Publisher : International Monetary Fund
  • File Size : 26,9 Mb
  • Release Date : 01 July 1997
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This paper develops a model that focuses on the interaction of liquidity creation by financial intermediaries with capital flows and exchange rate collapses. The intermediaries’ role of transforming maturities is

Regional and Global Capital Flows

Regional and Global Capital Flows
  • Publisher : University of Chicago Press
  • File Size : 49,5 Mb
  • Release Date : 15 February 2009
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The volume of capital flows between industrial and developing countries has grown dramatically in the past decade and has become a major issue in a world that is increasingly "globalized."

The Composition Matters

The Composition Matters
  • Publisher : International Monetary Fund
  • File Size : 43,9 Mb
  • Release Date : 01 August 2009
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We study whether capital flows affect the degree of credit crunch faced by a country's manufacturing firms during the 2007-09 crisis. Examining 3823 firms in 24 emerging countries, we find that the