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From Capital Surges to Drought - Seeking Stability for Emerging Economies (Paperback, 1st ed. 2003)
Loot Price: R2,789
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From Capital Surges to Drought - Seeking Stability for Emerging Economies (Paperback, 1st ed. 2003)
Series: Studies in Development Economics and Policy
Expected to ship within 10 - 15 working days
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This book analyzes the new trends in capital flows to emerging
markets since the Asian crisis, their determinants and policy
implications. It explains why such flows have declined so
dramatically in recent years, emphasising both structural and
cyclical factors. Senior bankers, regulators, and well-known
academics explain the behaviour of different players. The book
breaks new ground by showing in detail how such behaviour has
contributed to the decline of flows and their volatility. The book
suggests what coping mechanisms developing countries could adopt to
deal with crisis situations; what measures should be taken at the
national and international levels to make recipient countries less
vulnerable to international financial instability; how such
instability can be reduced; and what can be done on the source
countries to encourage larger more stable capital flows to
developing countries.
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