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EXCHANGE RATES, CAPITAL FLOWS, AND MONETARY POLICY IN A CHAN IBD

SPRINGER
08 / 1997
9780792399087
Inglés

Sinopsis

The dramatic growth of international capital flow has provided unprecedented opportunities and risks in emerging markets. This book is the result of a conference exploring this phenomenon, sponsored by the Federal Reserve Bank of Dallas. The issues explored include direct versus portfolio investment, exchange rates and economic growth, and optimal exchange rate policy for stabilizing inflation in developing countries. It concludes with a panel discussion on central bank coordination in the midst of exchange rate instability.

PVP
132,72