Capital Controls, Exchange Rates, and Monetary Policy in the World Economy
Edited by Sebastian Edwards
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Capital Controls, Exchange Rates, and Monetary Policy in the World Economy by Sebastian Edwards
Book DescriptionThe essays collected in this volume, written by well-known academics and policy analysts, discuss the impact of increased capital mobility on macroeconomic performance. The authors highlight the most adequate ways to manage the transition from a semi-closed economy to a semi-open one. Additionally, issues related to the measurement of openness, monetary control, optimal exchange rates regimes, sequencing of reforms, and real exchange rate dynamics under different degrees of capital mobility are carefully analyzed. The book is divided into four parts after the editor's introduction. The first part contains the general analytics of monetary policy in open economies. Parts two to four deal with diverse regional experiences, covering Europe, the Asian Pacific region, and Latin America. The papers on which the essays are based were originally presented at a conference on Monetary Policy in Semi-Open Economies, held in Seoul, Korea in November 1992.
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Book DetailsISBN: 9780521472289
(228mm x 152mm x 25mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 30-Jun-1995
Country of Publication: United Kingdom
Books By Author Sebastian Edwards
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The political and economic history of Latin America has been marked by great hopes and even greater disappointments. This book explains why the nations of Latin America have failed to share in the fruits of globalization and highlights the dangers of the turn to economic populism in the region.
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Crime rates in Latin America are among the highest in the world, creating climates of fear and lawlessness in several countries. This title addresses a variety of topics, including the impact of kidnappings on investment, mandatory arrest laws, education in prisons, and the relationship between poverty and crime.
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