Capital Flows and Financial Crises / ed. by Miles Kahler.
Material type:
TextPublisher: Ithaca, NY : Cornell University Press, [2018]Copyright date: ©1998Description: 1 online resource (288 p.) : 44 tables, 54 charts/graphsContent type: - 9781501731402
- 332/.042 21
- online - DeGruyter
| Item type | Current library | Call number | URL | Status | Notes | Barcode | |
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eBook
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Biblioteca "Angelicum" Pont. Univ. S.Tommaso d'Aquino Nuvola online | online - DeGruyter (Browse shelf(Opens below)) | Online access | Not for loan (Accesso limitato) | Accesso per gli utenti autorizzati / Access for authorized users | (dgr)9781501731402 |
Frontmatter -- Contents -- Contributors -- Foreword -- Acknowledgments -- 1. Introduction: Capital Flows and Financial Crises in the 1990s -- 2. Contending with Capital Flows: What Is Different about the 1990s? -- 3. Effects of International Portfolio Flows on Government Policy Choice -- 4. Some Lessons for Policy Makers Who Deal with the Mixed Blessing of Capital Inflows -- 5. Alternative Responses to Capital Inflows: A Tale of Two Countries -- 6. Equity Financing of East Asian Development -- 7. Central and Eastern Europe: Financial Markets and Private Capital Flows -- 8. Foreign Investment and Political Economy in Russia -- 9. Alternative Approaches to Financial Crises in Emerging Markets -- Index
restricted access online access with authorization star
http://purl.org/coar/access_right/c_16ec
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 followed by the Mexican peso crisis of 1994-95 and the sudden collapse of currencies in Asia in 1997. This volume maps a new and uncertain financial landscape, one in which volatile private capital flows and fragile banking systems produce sudden reversals of fortune for governments and economies. This environment creates dilemmas for both national policymakers who confront the "mixed blessing" of capital inflows and the international institutions that manage the recurrent crises.The authors—leading economists and political scientists—examine private capital flows and their consequences in Latin America, Pacific Asia, and East Europe, placing current cycles of lending in historical perspective. National governments have used a variety of strategies to deal with capital-account instability. The authors evaluate those responses, prescribe new alternatives, and consider whether the new circumstances require novel international policies.
Mode of access: Internet via World Wide Web.
In English.
Description based on online resource; title from PDF title page (publisher's Web site, viewed 26. Apr 2024)

