Capital Flows and Financial Crises (Paperback)
  • Capital Flows and Financial Crises (Paperback)
zoom

Capital Flows and Financial Crises (Paperback)

(editor)
£34.00
Paperback 288 Pages / Published: 28/10/1998
  • Publisher out of stock

Currently unavailable to order

This product is currently unavailable.

  • This item has been added to your basket

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.

Publisher: Cornell University Press
ISBN: 9780801485626
Number of pages: 288
Weight: 425 g
Dimensions: 235 x 155 x 15 mm


MEDIA REVIEWS

"A first-rate study, providing excellent coverage of the major issues.... These texts not only provide an excellent introduction to the main issues but are an enriching and timely addition to the continuing debates."

* International Affairs *

"This edited volume provides valuable insights into... and a comprehensive understanding of issues around capital flows and financial crises, including some policy analyses and recommendations that can be beneficial not only to students of international recommendations that can be beneficial not only to students of international finance but also to concerned observers and policymakers."

-- Supanai Sookmark * Millennium: Journal of International Studies *

"The book offers a wealth of theory and facts that will be important for anyone interested in understanding cross-border capital flows."

-- Subir Lall * Finance and Development *

"This volume is an invaluable addition to the extensive literature on the subject and is a must for all who are interested in understanding Islamic politics."

-- Philip G. Cerny * Political Studies *

You may also be interested in...

The Great Escape
Added to basket
£15.99
Paperback
Prosperity & Violence
Added to basket
Food Politics
Added to basket
£10.99
Paperback
Start Something That Matters
Added to basket
Capital
Added to basket
£12.99
Paperback
The Rise and Fall of the Great Powers
Added to basket
The Great Divergence
Added to basket
Reclaiming Development
Added to basket
Economic Development
Added to basket
Economics: A Very Short Introduction
Added to basket
Bad Samaritans
Added to basket
£9.99
Paperback
Economics of Development
Added to basket
The White Man's Burden
Added to basket
Emerging Africa
Added to basket
Development as Freedom
Added to basket
Poor Economics
Added to basket
£9.99
Paperback

Please sign in to write a review

Your review has been submitted successfully.