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Books > Business & Economics > Economics > International economics > International finance
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Foreign Exchange Black Markets in Latin America (Hardcover, New)
Loot Price: R2,565
Discovery Miles 25 650
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Foreign Exchange Black Markets in Latin America (Hardcover, New)
Expected to ship within 18 - 22 working days
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Foreign exchange black markets in Argentina, Brazil, Colombia,
Jamaica and Peru were studied during the period 1990-93. This group
of case studies presents a broad view of the phenomenon in Latin
America at the beginning of the 1990s. This is not a traditional
economic analysis of foreign exchange markets, for many reasons.
Most importantly, since black markets are illegal by definition,
they are not recorded in offical statistics and the participants
are not easily identified. Nevertheless, these markets are often
widely used and well known to people living in the Latin American
countries, so it is possible to paint a reasonably accurate picture
of them. The work is based largely on interviews with black market
participants in each country. This primary means of collecting
information was desirable because of the general lack of published
sources of data or other records; though published information was
also used when available. The book discusses foreign exchange black
markets from a variety of perspectives, looking at who participates
in them, how they function, and what impacts they have on local
economies.
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