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Capital controls and capital flows in emerging economies : policies, practices, and consequences
Authors: ---
ISBN: 0226184978 9780226184975 9786612004827 1282004824 0226184994 9780226184999 9781282004825 Year: 2007 Publisher: Chicago : University of Chicago Press,

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Abstract

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

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