Regional and Global Capital Flows: Macroeconomic Causes and Consequences Volume 10 Contributor(s): Ito, Takatoshi (Editor), Krueger, Anne O. (Editor) |
|
ISBN: 0226386767 ISBN-13: 9780226386768 Publisher: University of Chicago Press OUR PRICE: $119.79 Product Type: Hardcover - Other Formats Published: July 2001 Annotation: 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. In this book, Takatoshi Ito and Anne O. Krueger, two leading experts on this topic, have assembled a group of scholars who address different types of capital flows-bank lending, bonds, direct foreign investment-and the implications they hold for economic performance. By concentrating on macroeconomic issues concerning the flow of private capital to and from the East Asian economies during the currency crises of 1997, the commentary aims to help policy makers avoid such crises in the future. The analyses undertaken here deal with a variety of questions, focusing especially on the "economic fundamentals" of the affected economies and on the irrational "herd behavior" of investors. With its particular focus on the Asian financial crises, this work presents a new model in thinking about the role of private capital flows for policy makers everywhere. |
Additional Information |
BISAC Categories: - Business & Economics | Economics - Macroeconomics - Business & Economics | Exports & Imports - Business & Economics | Economics - General |
Dewey: 332.042 |
LCCN: 00053246 |
Series: National Bureau of Economic Research East Asia Seminar on Ec |
Physical Information: 1.12" H x 6.35" W x 9.32" (1.47 lbs) 392 pages |
Themes: - Cultural Region - Asian |
Descriptions, Reviews, Etc. |
Publisher Description: 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. Here Takatoshi Ito and Anne O. Krueger, two leading experts on this topic, have assembled a group of scholars who address different types of capital flows--bank lending, bonds, direct foreign investment--and the implications they hold for economic performance. With its particular focus on the Asian financial crises, this work presents a new model for policy makers everywhere in thinking about the role of private capital flows. |