Overview
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 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.
- | Author: World Institute for Development Economic
- | Publisher: Oxford University Press
- | Publication Date: Apr 05, 2001
- | Number of Pages: 324 pages
- | Binding: Hardback or Cased Book
- | ISBN-10: 019829686X
- | ISBN-13: 9780198296867
